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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...

Europe Heats Up Competition in Bitcoin Mining, Layer1 Plans Bold Move in US


As China’s dominance in Bitcoin (BTC) mining has already decreased this year, Europeans are taking even more steps to become more attractive to crypto miners. At the same time, BTC miners in the US also have ambitious plans. While Ukraine plans to offset the financial chaos of the coronavirus...

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