Bitcoin mining difficulty drops 10% in 11th largest downward adjustment
CoinTelegraph·
60-second summary
Bitcoin mining difficulty has dropped 10% in its 11th largest downward adjustment, following February's 11% shift, marking the second-largest downward difficulty adjustment this year. This adjustment is likely a response to the recent decline in Bitcoin's price, which has fallen below $30,000. The decrease in difficulty may provide some relief to miners struggling with high energy costs.
Bitcoin mining difficulty has undergone its second-largest downward difficulty adjustment this year, following February’s 11% shift.