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Tag Archives: Adjustment

Bitcoin’s Difficulty Target and Adjustment: Complete Beginner’s Guide

Considering the extended bear market throughout 2018 and the financial stress it has placed on miners in Bitcoin, it is pertinent to look at Bitcoin’s difficulty adjustment and how it plays a vital role in the economics of the legacy cryptocurrency. Bitcoin’s difficulty adjustment is one of its most essential …

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Difficulty Adjustment on Horizon: Are Miners Going to Save Bitcoin After All?

Miners have been attributed to much of the price decline from the US$6,000 range, and they may very well be responsible. When miners flocked to Bitcoin Cash before the SV fork to chase double rewards, Bitcoin started to tumble. As prices continued to drop, so did the number of miners …

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Bitcoin Faces Second Largest Difficulty Drop in History After Latest Adjustment

Bitcoin’s (BTC) mining difficulty saw its second largest drop in history, with a -15 percent adjustment on Monday, Dec. 3, as per data provided by major Chinese mining pool BTC.com. Bitcoin’s hashing difficulty algorithm is normally adjusted every two weeks to maintain the normal 10-minute block time. It has been …

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