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Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike

Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike
© Copyright Image: Crypto Breaking News

Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the years most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to 3%, as block time intervals extend beyond the [] Source: Bitcoin.com

The post Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/potential-reprieve-for-bitcoin-miners-with-upcoming-difficulty-adjustment-following-record-hike/

Text source: Crypto Breaking News

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Mon, 26 Feb 2024
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