Bitcoin Mining Difficulty Experiences Significant Plunge, Future Rebound Anticipated
Bitcoin Mining Difficulty Experiences Significant Plunge, Future Rebound Anticipated
Bitcoin's mining difficulty recently decreased by 11.16%, marking one of the largest negative adjustments in its history and the sixth consecutive downward retarget. While this reflects a significant shift, the article notes that difficulty adjustments are lagging indicators. A projected rebound in difficulty next week is expected to be a pivotal factor for the future of Bitcoin miners.
Bitcoin's mining difficulty decreased by 11.16% to approximately 125.86 trillion at the most recent retarget boundary around block 935,424. That marks the largest negative adjustment since the 2021 China mining ban, the sixth consecutive downward retarget, and the tenth largest negative adjustment in Bitcoin's history. However, difficulty adjustments are lagging indicators, as they reflect what […]
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