CryptoWorld News reports, citing Cointelegraph, that Bitcoin mining difficulty has fallen by 10%, marking the 11th largest drop in history, to ease the pressure on miners caused by a 23% decline in hash rate from the October peak.

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WhaleTailWitness
· 2h ago
The 11th largest drop sounds intimidating, but based on historical experience, difficulty adjustments have always been lagging indicators. Don't rush to buy bottom-of-the-market mining machines.
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MintConditionHuman
· 2h ago
23% hash power evaporated, the wave of mining farm shutdowns is more intense than expected, and the landscape will change after this round of clearing.
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ArbitrageIsn'tAsGoodAsGetting
· 2h ago
Lowering the difficulty is like a life-saving potion for small and medium miners; those who can't bear the electricity costs can finally breathe a sigh of relief.
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