Bitcoin Mining Difficulty Adjusts 10% Upwards For the First Time in Months

Bitcoin continues to stabilize its network activity with a return to upward difficulty adjustments after hash rate reversed its decline last month. Bitcoin Continues To Police Itself Data from statistics resources Blockchain and Bitcoin Wisdom confirms that the Bitcoin network’s most recent difficulty adjustment was up, not down, by just over 10 percent. ‘Difficulty’ refers to the ease with which miners can solve equations to validate a block of transactions in the Bitcoin blockchain. As … Continue reading Bitcoin Mining Difficulty Adjusts 10% Upwards For the First Time in Months