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Bitcoin Mining Difficulty Drops More Than Estimated


Starting today, mining Bitcoin (BTC) has become easier than in the end of April. On Wednesday morning (UTC time), BTC mining difficulty, a measure showing how hard it is to compete for mining rewards, dropped by 6%, to 15.14 T, while a week ago, some analysts estimated a c. 2% drop. In April...

Bitcoin Mining Difficulty Adjustment Might Help Adjust Heavy Fees Too


Source: Adobe/Яна Василевская With Bitcoin (BTC) fees reaching new highs this year, the hammer that could knock it back down may be the imminent mining difficulty adjustment. As reported, both Bitcoin and Ethereum (ETH) fees have been on the rise in the past week. According to Bitinfocharts.com...

Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures


On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network....

New Mining Difficulty Record Cancelled Right Before Bitcoin Halving


Four days before the next Bitcoin (BTC) mining difficulty adjustment, the previously estimated all-time high is nowhere in sight. Not only will there not be a new record, but along with the falling hashrate, the difficulty is now expected to drop. Major Bitcoin mining pool BTC.com's latest...

Mining Difficulty Might Reach All-Time High Before Bitcoin Halving


Bitcoin (BTC) mining difficulty just saw its biggest rise in six months and it's estimated it'll reach an all-time high in two weeks. Bitcoin mining difficulty, a measure showing how hard it is to compete for mining rewards, just went through another adjustment, and the numbers were close to what...

Bitcoin Mining Difficulty Set For Biggest Jump Since Mid-September


After a historic crash in March and partial recovery, Bitcoin (BTC) mining difficulty is set to see its biggest jump since mid-September last year, threatening to push more miners out of the market less than three weeks before the BTC mining reward halving. Another mining difficulty adjustment...

No More Relief for Bitcoin Miners - Mining Difficulty to Increase Again


The previously expected even bigger relief for the Bitcoin (BTC) miners is not coming. Instead, starting tomorrow, Bitcoin mining difficulty, used as a measure for how hard it is to compete for mining rewards, is set to increase as more miners turned their machines on in the past two weeks....

Bitcoin Mining Difficulty Sees Historic Drop, Even Larger Might Be Coming


After the second-largest Bitcoin (BTC) mining difficulty drop, the next one might be even bigger and provide even stronger relief to miners. As predicted, Bitcoin mining difficulty (a measure telling us how hard it is to compete for mining rewards) has just dropped - but instead of 5.8% estimated...

Bitcoin Hashrate, Mining Difficulty Hit New Highs and Inefficient Miners


As Bitcoin (BTC) mining difficulty and hashrate hit new highs, less efficient miners, hurt by the virus outbreak, new-generation rigs, and falling BTC prices, may be out of business. Bitcoin mining difficulty, a measure that shows how hard it is to compete for mining rewards, has hit yet another...

Bitcoin Mining Difficulty Slips For the First Time in 2020 + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news After five consecutive increases, the Bitcoin mining difficulty dropped by 0.38% on February 25, and is estimated...

Pre-Bitcoin Halving Race Pushes Mining Difficulty to Record High


As Bitcoin (BTC) mining difficulty and hashrate are reaching new all-time highs, the Cryptoverse is discussing the meaning behind it, and it seems unlikely that the miners are capitulating ahead of the Bitcoin mining reward halving in May. As reported by Cryptonews.com in October 2019, miners will...

Bitcoin Mining Difficulty, Hash Rate Up; Miner Capitulation Postponed?


While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet. When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut...

Bitcoin Mining Difficulty Estimated to Drop Again + More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Mining news After seven increases in a row, the Bitcoin mining difficulty dropped by 7.1% on November 8 and is estimated...

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