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Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?

[Jul 8 1:00 PM] Recent data shows that the Bitcoin mining difficulty is on the decline and has hit its lowest since May. This is significant considering what this could mean for the Bitcoin ecosystem, specifically Bitcoin’s price. Bitcoin Mining Difficulty Drops…

Bitcoin’s Significant Adjustment: Mining Difficulty Hits 18-Month Low – What’s Next For Miners?

[May 9 2:00 PM] The Bitcoin mining difficulty has experienced a significant decrease, the largest drop observed in the last 18 months. This change is directly tied to fluctuations in the network’s hash rate, which has dipped below 600 EH/s following the…

Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price

[Sep 6, 2023 12:00 PM] On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height…

Bitcoin Mining Difficulty Hits New All-Time High As BTC Price Moves Sideways

[Aug 23, 2023 6:30 AM] Bitcoin price has been trading sideways in the past weeks, significantly declining from the $29,000 support. This bearish pattern spread panic among traders but has not deterred miners. Instead, Bitcoin mining participants appear to have increased…

Bitcoin Mining Difficulty Hits All-Time High For The 4th Time In 2023: Here’s Why  

[Apr 8, 2023 3:57 AM] Bitcoin mining difficulty continues to break records despite the struggles of BTC to surpass the $30,000 resistance mark. The leading coin has attracted the interest of miners in recent months due to the price recovery experienced since the turn of…

This Level Could Be Crucial For Bitcoin, PoW Pricing Model Suggests

[Jan 30, 2023 5:00 PM] The Bitcoin difficulty per issuance, a proof-of-work (PoW) pricing model, might provide hints about the following crucial level BTC would have to clear. Bitcoin Approaches Difficulty Per Issuance Model 2.0 Level As pointed out by an analyst on…

Bitcoin Hash Rate at Near All-Time High despite Rising Mining Difficulty

[Jan 20, 2023 3:50 AM] The Bitcoin hash rate is trending at near all-time highs, per on-chain data on January 20, 2023. Bitcoin Hash Rate at 274 EH/s According to streams from BitInfoCharts, the Bitcoin network currently has a hash rate of 274 EH/s, up by almost one…

Bitcoin Mining Difficulty Sees Sharp 3.59% Drop

[Jan 3, 2023 11:00 AM] The bitcoin mining difficulty had adjusted upward for the majority of 2022, recording its highest correction in the same year. However, 2023 kicked off with a downtrend as the mining difficulty has begun to drop. A sharp drop in this metric…