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Bitcoin mining difficulty decreases by 3% as halving approache | Crypto | Bitcoin | Blockchain

Bitcoin mining difficulty decreases by 3% as halving approaches in 50 days

Bitcoin’s mining difficulty has seen a downward adjustment of 3%, with the current BTC difficulty standing at 79.35 T, as per data from Newhedge and Coinwarz. This marks the second negative adjustment this year, in the wake of roughly two of the past 12 months’ highest adjustments at approximately 7% and 8%, respectively. This minor drop in difficulty is primarily due to the rapid increase in the hash rate over the past months, a trend that hasn’t maintained its upswing in the last two weeks.

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