July 20, 2024

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Bitcoin Network Sees Second Largest Difficulty Reduction of 2024

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Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty dropped by 5% this week at block height 850,752 on July 4. This […]