It hasn’t been this easy to mine Bitcoin since last January. Bitcoin’s difficulty level, which determines how difficult it is to mine the cryptocurrency, fell by a further 4.81% today in its latest fortnightly drop, according to data on BTC.com.
To clarify: it’s easier to mine Bitcoin pretty much anywhere but China, where it has become decidedly more difficult after the government cracked down on the industry, forcing miners out of the country and plummeting the hash rate.
China’s crackdown, which began in June, has sunk the difficulty level by about 7.5 trillion points. On May 30, before the regulatory blitz, Bitcoin mining had a difficulty score of 21.05 trillion. Then it fell four consecutive times (the worst ever streak) to its current score, 13.67 trillion.
The Bitcoin network calculates how difficult it is to mine Bitcoin—how much computational power is required to earn Bitcoin—according to the supply and demand of miners. The fewer miners online, the easier mini
Źródło: https://decrypt.co/76253/bitcoin-mining-gets-5-easier-in-latest-difficulty-drop
