Against the backdrop of a drop in hashrate, the difficulty of Bitcoin mining fell by 28%.
This is the biggest drop in difficulty ever.the history of the existence of the Bitcoin blockchain.
The difficulty of mining coins is reconfigured every 2016 blocks (approximately 2 weeks). This mechanism is needed so that blocks are mined evenly every 10 minutes, regardless of the hash rate.
The drop in hashrate was mainly due to the shutdown of mining farms in China. Now, some of these miners are starting to move their operations overseas.
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Based on materialswww.theblockcrypto.com
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