Bitcoin’s hashrate collapse sets stage for biggest mining difficulty drop since 2021

Bitcoin’s mining network could face a difficulty adjustment on the lower side for the first time in nearly four years. The difficulty could go down 9% within the next five days, which would be the steepest since July 2021, when China’s ban on mining operations caused a 50% collapse in global hashrate. Over the past […] source: https://www.cryptopolitan.com/bitcoin-mining-difficulty-drop-july-2021/