Bitcoin mining difficulty took a second jump following the dip in mid-July as the mining ecosystem continues to turn back online.
The mining difficulty of Bitcoin (BTC) took a dive after China announced a crackdown on mining operations, which at its peak, contributed to three-quarters of the global hashrate. The latest data from BTC.com shows an ongoing spike in Bitcoin’s mining difficulty starting from June 17, 2021.As miners from China slowly settle down in crypto-friendly geographies, the Bitcoin ecosystem witnessed a 13.77% increase in mining difficulty in two consecutive jumps, exceeding 15 terahash (T) for the first time since the 2nd week of June. The next adjustment is expected to commence on August 27, estimated to surge the difficulty to 15.63 terahash.Before China’s crackdown on local miners, Bitcoin’s mining difficulty peaked at 25 terahash. The sudden decline in the number of Chinese miners had lessened th
Źródło: https://cointelegraph.com/news/bitcoin-mining-difficulty-jumps-second-time-as-miners-settle-offshore
