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Bitcoin Mining Hits Breaking Point as Difficulty Plunges 9.13%

As bitcoin prices tumbled to an intraday low of $61,947, mining revenue deteriorated to exceptionally depressed levels, with hashprice languishing between $28 and $30 per petahash per second (PH/s) of daily output. Meanw...

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Bitcoin Mining Hits Breaking Point as Difficulty Plunges 9.13%
As bitcoin prices tumbled to an intraday low of $61,947, mining revenue deteriorated to exceptionally depressed levels, with hashprice languishing between $28 and $30 per petahash per second (PH/s) of daily output. Meanwhile, Bitcoin’s mining difficulty declined 9.13% at block height 975744, marking the network’s 23rd difficulty adjustment epoch of the year. Why Did Bitcoin’s […]

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Bitcoin is showing up inside the Mining theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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