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Bitcoin mining difficulty has slumped by 7.2%, as unprofitable | EOtrade

Bitcoin mining difficulty has slumped by 7.2%, as unprofitable machines are unplugged. The Bitcoin mining network saw its largest drop in difficulty since China banned mining last summer, which led to a 28% plunge. The most recent decrease highlights the fact rising power costs and declining bitcoin prices, have left some miners debt-laden and strapped for cash.

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