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Bitcoin Miners Bank Strong September as Difficulty Barely Budges

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: According to data, Bitcoin’s blockchain logged an extremely modest difficulty adjustment at block height 969696, dropping by a mere 0.03%. Hashprice has held above $40 per petahash, while the network’s computational power has remained below 1,000 exahash per second (EH/s). Bitcoin Difficulty Barely Budges With 0.03% Reduction Bitcoin difficulty is an automatic setting that makes […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Minimal difficulty adjustment has limited market impact as miners' profitability remains stable.

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Bitcoin Miners Bank Strong September as Difficulty Barely Budges — Crypto Insight