This Sunday, bitcoin mining difficulty fell by 5.3% amid a drop in hashrate.
Mining DifficultyBitcoin is a mechanism by which blocks are produced evenly even against the backdrop of fluctuations in the hashrate.Every two weeks, this mechanism makes the mining process easier or harder, depending on theSituation.
This Sunday, the mining difficulty fell to 19.8 trillion, the lowest level in the last 4 months.
On June 9, the authorities in Xinjiang province demanded that miners immediately stop all operations. After that, the hashrate of the largest Chinese mining pools fell by an average of 20%.
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Based on materialswww.theblockcrypto.com
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