Bitcoin Mining Difficulty Breaks the 2nd-Longest Drop Streak
After four consecutive drops, Bitcoin (BTC) mining difficultly increased on July 31, cutting into the growing profit margins of BTC miners. (Updated on July 31, 05:54 UTC with the adjustment results and market data.) Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went up by 6%. This brought it back up from the 13 T level, where…
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