Bitcoin Mining Difficulty Drops More Than 4% - Coinleaks
Current Date:November 7, 2024

Bitcoin Mining Difficulty Drops More Than 4%

Bitcoin mining difficulty dropped more than 4%. This was the biggest drop since July 2021.

Bitcoin mining difficulty was adjusted again on May 25, dropping by about 4.33%. According to data released by BTC.com, the drop with this adjustment was the biggest drop since July 2021. Last July, the decline was 4.8%. This corresponds to the times when pressures on miners in China are felt most intensely.

Source: The Block

Bitcoin mining difficulty, on the other hand, has been increasing since the July 2021 drop, mostly on par with the hash rate, with a few minor and occasional drops.

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