Bitcoin mining difficulty set for 8-month record gains despite BTC price dip

Bitcoin mining difficulty set for 8-month record gains despite BTC price dip
фото показано с : cointelegraph.com

2022-8-28 11:46

Bitcoin network fundamentals seem not to care about spot price weakness, with both difficulty and hash rate making an impressive recovery.

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The last time it was this easy to mine Bitcoin, the price was way lower; But, does this matter?

First, it was the Bitcoin hashrate, now it is the mining difficulty. Both of these crucial metrics are currently ongoing a reset in the industry amidst Bitcoin's choppy market condition. According to The post The last time it was this easy to mine Bitcoin, the price was way lower; But, does this matter? appeared first on AMBCrypto.

2021-7-3 21:30


Bitcoin's largest positive difficulty adjustment of 2020 and what it means for the price

As of 20 September, Bitcoin's difficulty has been adjusted by ~11.35%, with the hash rate subsequently hitting a new ATH of 143m TH/s. This was the largest positive adjustment in the year 2020, and itThe post Bitcoin's largest positive difficulty adjustment of 2020 and what it means for the price appeared first on AMBCrypto.

2020-9-20 16:30


Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase

Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move. However, data suggests that sell pressure from miners adjusting to the newly reduced block rewards combined with quiet accumulation may be responsible for the recent sideways price action. Bitcoin Sideways Trading […]

2020-6-23 23:00


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What Next Week’s Biggest Mining Difficulty Increase Since 2018 Could Mean For Bitcoin Price

Bitcoin’s mining difficulty – which is basically a measure of how hard it is to mine on the bitcoin network – is expected to experience its next adjustment in two days. According to data from blockchain research and analysis firm Coin Metrics’, the BTC mining difficulty could increase by as much as 15% during this […]

2020-6-15 23:54