Sunday, May 30, 2021

Bitcoin mining difficulty declines by 16% as hashrate drop precedes China's crackdown note

Wolfie Zhao
The Block

Bitcoin's mining difficulty saw a notable decrease around Sunday midnight UTC time as the network's hash rate has dropped significantly even before China's bitcoin mining crackdown comment. On-chain data shows the network's mining difficulty adjusted to...

(Read the rest at The Block Crypto)

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