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BTC Mining Difficulty Increase Will Likely Cause Selling Pressure To Surge
Summary: Mining difficulty for Bitcoin will increase by at least 10% over the next three days, according to data from BTC.com. The difficulty increase comes one month after BTC's halving, which cut miners' revenue in half. The difficulty increase will similarly strain mining operations, which could lead to more shutting down or pausing. The difficulty increase ...
Mining difficulty for Bitcoin will increase by at least 10% over the next three days, according to data from BTC.com.
The difficulty increase comes one month after BTC's halving, which cut miners' revenue in half. The difficulty increase will similarly strain mining operations, which could lead to more shutting down or pausing. The difficulty increase could also cause miners to sell their BTC to keep up with operation expenses.
By Emily Mason
Tags: Bitcoin,BTC
Link: BTC Mining Difficulty Increase Will Likely Cause Selling Pressure To Surge [Copy]
