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Bitcoin mining difficulty set to see biggest drop since FTX crash

Bitcoin mining difficulty set to see biggest drop since FTX crash

Bitget2024/05/07 10:47

Golden Finance reports that Glassnode data shows that Bitcoin mining difficulty will see the largest drop since the FTX crash. Due to a significant 10% drop in network hash rate, mining difficulty will decrease by 4%. According to early market signals and March forecasts, this adjustment may redefine the balance between miner profitability and operating costs. Combined with the recent high transaction fees after the launch of Runes, the financial dynamics are changing.

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