Bitcoin Mining Difficulty Drops for Second Time in March
- Date: 19-Mar-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Bitcoin Mining Difficulty Drops for Second Time in March
The difficulty of mining a bitcoin (BTC) block dropped 0.35% on Thursday, the second time this month, after a consistent climb since November.
On March 3, mining difficulty dropped 1.5%, data from information platform Glassnode shows.
The difficulty adjusts automatically relative to the computing power on the network, also known as the hashrate, to keep the time between each mined block relatively stable at 10 minutes.
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