Mining Bitcoin will be easier with the Largest Bitcoin Mining Drop in History
Due to the Chinese crypto policy crack down, miners are still relocating and looking for suitable locations to settle. While they are looking for a suitable crypto friendly country, the bitcoin mining difficulty adjustment is now estimated to be at -26.9% there by becoming the largest downward adjustment in history.
But it is interesting to know that miners who are still operational are definitely likely to become even more profitable during the coming weeks. This is because they are less miners participating in the mining activities but you make less when the difficulty goes up you make less because they are more miners participating.
We hope to watch the miners come back gradually in the upcoming months as they relocate and settle.
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