Bitcoin mining difficulty will hit the biggest drop since the FTX crash

2024-05-07 10:28:30
According to Glassnode data, bitcoin mining difficulty will drop by the most since the FTX crash, due to a significant 10% drop in network hash rate, mining difficulty will be reduced by 4%. According to early market signals and forecasts in March, this adjustment may redefine the balance between miner profitability and operating costs. Combined with the recent high transaction fees following the launch of Runes, financial dynamics are changing.