News about bitcoin mining

#Bitcoin mining difficulty faces its biggest drop since 2022, signaling strain on network fundamentals. pic.twitter.com/7HnNbdj1lx

Ever wondered how #Bitcoin mining works? Think of it as a digital treasure hunt where powerful computers search for new coins. But how long does it take to mine 1 $BTC? cointelegraph.com/explained/how-long-does-it-take-to-mine-1-bitcoin

According to BTC com, Bitcoin underwent a mining difficulty adjustment at block height 842,688, with the mining difficulty decreasing by 5.63% to 83.15 T. The average network hashrate over the past seven days was 572.18 EH/s, marking the largest drop since early December 2022.…

Public bitcoin mining companies such as Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf reported a production decline between 6 – 12% for April as the robust bitcoin fee market briefly hedged the halving’s impact. As Runes becomes less popular, it is expected…