The Bitcoin network had, minutes ago, a considerable reduction in its mining difficulty. This fell by 5.01% and is the largest reduction so far this year.
At the time of this publication and for the next two weeks, the Bitcoin mining difficulty will be 27.69T.
The hashprice, which is the estimated value a Bitcoin miner will receive for each terahash of power they invest in the network, is now at $0.11. Since mid-June this value has not exceeded USD 0.10.
The change implies a consequent increase in the profitability of Bitcoin miners.
Bitcoin Mining
Mining Profitable
Profitable Adjustment
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