Bitcoin’s 15th Difficulty Reset Exposes a Mining Industry Under Pressure

The Bitcoin blockchain just recorded its 15th difficulty adjustment of the year, trimming mining difficulty by about 0.74% at block height 959616. Amid the year’s wild swings, the balance has clearly tilted toward difficulty cuts, with negative adjustments outnumbering increases by nearly 3 to 2. Difficulty Drops for the 15th Time This Year This weekend, […]

Source: https://news.bitcoin.com/bitcoins-15th-difficulty-reset-exposes-a-mining-industry-under-pressure/