Bitcoin Price Volatility Expected as 10% Mining Difficulty Adjustment Looms

Cointelegraph

Published Jun 12, 2020 04:29PM ET

Updated Jun 12, 2020 06:00PM ET

Bitcoin’s mining difficulty is set for a minimum increase of 10% in the 3 days, according to data from BTC.com. That means the cost to mine Bitcoin(BTC) will increase significantly in a short period of time.

This is significant as the increased operational cost to miners could pressure them to sell more BTC to offset the rise in expenses.

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