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Bitcoin Mining Difficulty Lowered 16% as Chinese Miners Move Out From Sichuan

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Weaker Miners Selling Bitcoin in Droves as Bitmain Debuts Cheaper Hardware 350x209 1

Weaker Miners Selling Bitcoin in Droves as Bitmain Debuts Cheaper Hardware 1120x669 1The Bitcoin network has re-adjusted its mining difficulty, slashing it by 16 percent, the second-largest negative change in the platform’s history, GlassNode data on Nov 3 shows.  The Bitcoin mining difficulty now stands at 16.7 trillion down from 19.99 trillion registered on Oct 17, 2020. What is Mining Difficulty? In the open Bitcoin network, mining difficulty indicates how difficult it

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