Is The Largest Difficulty Adjustment In Bitcoin’s History Incoming?

Is The Largest Difficulty Adjustment In Bitcoin’s History Incoming?

Bitcoin
June 26, 2021 by Bobby Chaim
113
The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. At the time of writing, Bitcoin is expected to have a -20.8% difficulty adjustment, with 651 blocks to go. As covered in previous Daily Dives, hash rate has declined at a historic rate following the mining bans
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The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter.

At the time of writing, Bitcoin is expected to have a -20.8% difficulty adjustment, with 651 blocks to go.

As covered in previous Daily Dives, hash rate has declined at a historic rate following the mining bans in China.

Mine revenues have decreased by 64.5% from the all-time high of $67,434,000 per day made on May 10.

…Read the full story