Bitcoin (BTC) Miners Bring Down Difficulty Before Going on Another Spree
Cryptovest
Published Nov 11, 2019 07:56AM ET
Updated Nov 11, 2019 09:01AM ET
Bitcoin (BTC) Miners Bring Down Difficulty Before Going on Another Spree
Miners pushed the brakes for difficulty readjust downward by 7%, the biggest readjustment since December 2018. But this time, the factors behind the difficulty drop are different.
Back in 2018, mining reached lows around 30 TH/s, and the difficulty adjusted downward several times in a row. Inversely, mining only grew in 2019, reaching a peak based on some reports at above 120 EH/s.
As d...
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Written By: Cryptovest
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