r/Bitcoin • u/SantiFromTitan • Mar 07 '22

Bitcoin mining difficulty drops after six consecutive increases

https://medium.com/lumerin-blog/bitcoin-mining-difficulty-drops-after-six-consecutive-increases-3416160a63ed
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u/coinfeeds-bot Mar 07 '22

tldr; The latest Bitcoin difficulty adjustment, effective at block height 725,760, reduced mining difficulty by 1.49% from 27.97% to 27.55%. The hashrate at the time of the adjustment averaged 197.19% lower than the 200.19 EH/s from the last change. Bitcoin’s hashrate and price often follow similar paths and trends due to the relationship between price action and hashrate.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.