【Miners Can Finally Take a Breath 😂】


May 2nd, Bitcoin mining difficulty decreased by 2.30% to 132.47T. Simply put: miners have been working too hard recently, the system couldn't take it anymore, and quietly lowered the "exam difficulty" a bit. 🤣
Although the difficulty decreased, the average hash rate across the network over the past 7 days still reached 965.99 EH/s.
To put it in plain language:
👉 Miners are saying "It's too hard" aloud,
👉 but their machines are still running wildly ⛏️
The biggest benefits of this adjustment are:
• Relief for small and medium miners
• Reduced risk of power cost explosion
• Some mining machines can extend their lifespan again
Right now, the market is especially like:
📉 The price hasn't fully taken off,
🔥 but miners are still fighting hard
This shows that many large miners are actually still betting on a bull market ahead.
In one sentence:
Bitcoin's current state is—
"Although it's tiring, no one in the mining community wants to step down yet." 😂
BTC0.91%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin