Bitcoin Set To Cut Mining Difficulty By 10.3 Percent
The most significant movements in the Bitcoin network are not always visible on price charts. Some are directly part of the mechanisms that ensure its daily operation. This is what we observe with the difficulty adjustment expected in the coming hours, a rare event that reflects the tensions currently affecting the mining industry. While operators see their profitability degrade with the drop in bitcoin, the protocol is about to experience one of the largest difficulty corrections in recent years.
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