BTC: $34,329.93 (-2.37%) Bitcoin network undergoes largest | Best Crypto Traders Official
BTC: $34,329.93 (-2.37%)
Bitcoin network undergoes largest difficulty drop ever by nearly 28%
Quick Take: - The Bitcoin network’s mining difficulty has decreased, taking into the account the recent drop in hash rate. - This latest difficulty adjustment was the largest in its history.
The mining difficulty of the Bitcoin network has dropped by 27.9%, as the network adjusts to the massive drop in hash rate. This is the biggest decrease in mining difficulty since the network went live in 2009 — and ended up even higher than last week's estimates.
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