Bitcoin’s ‘mining difficulty’ is about to fall. Here’s what that means for the cryptocurrency
- Date: 02-Jul-2021
- Source: CNBC
- Sector:Financial Markets
- Country:Middle East
Bitcoin’s ‘mining difficulty’ is about to fall. Here’s what that means for the cryptocurrency
Bitcoin's mining difficulty is set to drop about 27% Friday by some , 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.