Bitcoin (BTC) Miners Bring Down Difficulty Before Going on Another Spree

Miners pushed the brakes for (BTC) hashing activity, but just enough to see difficulty readjust downward by 7%, the biggest readjustment since December 2018. But this time, the factors behind the difficulty drop are different.

Back in 2018, mining reached lows around 30 TH/s, and the difficulty adjusted downward several times in a row. Inversely, mining only grew in 2019, reaching a peak based on some reports at above 120 EH/s.

As d…

This article appeared first on Cryptovest

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