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【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, and the system just quietly lowered the "exam difficulty" a bit. 🤣
Although the difficulty has decreased, the average hash rate across the network over the past 7 days still remains high at 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 electricity costs exploding
• Some mining machines can continue to operate longer
Right now, the market is especially like:
📉 The price hasn't fully taken off,
🔥 but miners are still pushing 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." 😂