November 7, 2024

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Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike

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Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike
Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record HikeBitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to 3%, as block time intervals extend beyond the […]