Bitcoin (BTC) mining difficulty is about to drop sharply, almost reaching levels seen in January, while at the same time, the coin’s price is much higher since the year began – spelling good news for miners.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to drop more than 11% in a day, as mining pool BTC.com estimates at 7:17 UTC.
This drop would be significant for three reasons:
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