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Difficulty Adjustment

Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment

Bitcoin Miners Catch a Second Break With Another Downward Difficulty AdjustmentFive days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the second time in a row, making […]

BTC price stampedes to $99.5K hours after record Bitcoin ETF outflow

Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%

Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequence of the situation going on with miners in China. Numbers further estimate a mining […]

BTC price stampedes to $99.5K hours after record Bitcoin ETF outflow