Bitcoin’s ‘mining difficulty’ is about to fall. Here’s what that means for the cryptocurrency


    A cryptocurrency mining computer equipped with four cooling fans is seen on display at a computer mall in Hong Kong, January 29, 2018.

    Bobby Yip | Reuters

    Bitcoin’s mining difficulty is set to drop about 27% Friday by some estimates, as it seeks to make up for the lost computing power that left the network when China banned mining in various provinces two weeks ago.



    Source link

    Previous articleApple Stock: A Tough First Half Of 2021 In Review
    Next articleHuobi imposes 24 hr crypto withdrawal delay to dampen speculation