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HomeBitcoin NewsRelief to Bitcoin Miners as Difficulty About To Drop Sharply

Relief to Bitcoin Miners as Difficulty About To Drop Sharply

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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