Bitcoin (BTC) Mining Difficulty Level Drops After Nearly 2 Months

Bitcoin (BTC) experienced a decline in the mining difficulty level after about 2 months and saw the level of 31.36 T.

btc.com When the Bitcoin mining difficulty level data is examined, it is seen that there has been a decrease after about 2 months. The difficulty level in question September 28 in the 756,000 block that took place on -2.14% with regression 31.36 T dropped to its level.

Finally, the Bitcoin mining difficulty level, which declined on July 21, has been on an upward trend for the past 2 months. Even 31 August with a rate that can be considered a record for recent periods in the history of 9.26% increased and from 28.35 T 30.98T level had been reached.

Although there is still 13 days until the next block is completed, according to the estimates for now, the next block difficulty is 0.97% T is expected to increase. The Bitcoin mining difficulty level represents the technical difficulty that miners’ devices must deal with in order to successfully complete transactions between blocks and receive rewards.

source site-9