On-chain data shows that Bitcoin mining difficulty decreased by more than 4% during the latest network adjustment.
Bitcoin Mining Difficulty Has Gone Down In The Latest Adjustment
The “mining difficulty” metric tracks how hard the miners would find it to mine blocks on the Bitcoin network. The BTC blockchain goes through an automatic adjustment about every two weeks, where this indicator’s value changes.
To know whether this change would be positive or negative, the purpose of the difficulty needs to be understood first. In short, the difficulty exists as a measure to control the asset’s inflation.
The only way to increase the BTC supply is by mining new blocks and receiving a block subsidy in return. The block subsidy has a fixed value, so the only variable related to the cryptocurrency’s supply growth is the rate at which the miners are hashing new blocks.
Thus, if the asset’s inflation is to be controlled, this rate needs to be constrained. Satoshi, the coin
We współpracy z: https://bitcoinist.com/relief-for-bitcoin-miners-btc-difficulty-corrects-4/
