Source tracking data tracker Crypto This predicts miner’s difficulty will drop by about 13 percent.
The miner’s challenge, which previously reached its all-time highs, has been on the decline, acting with the astonishing decline of Bitcoin on March 12-13. The difficulty basically shows how much effort should be made to remove the blocks on the Bitcoin Blockchain.
On the other hand, the hashrate has returned to its early levels. The drop in Hashrate shows that miners are not in good shape, because mining activity at current prices is now quite unprofitable. This causes small miners to get out of the network.
Expressing the total computing power of the hardware used to produce Bitcoin, the hashrate has dropped below 100 quintillion hash (h / s) per second, according to current data. According to data from the blockchain, metric has dropped to 80 quintillion levels for the first time since December 1029, starting from March 18.
According to data from the blockchain, the metric was challenging 80 quadrillions for the first time since December 2019.
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