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We actually just posted about this on Hashrate Index this morning! https://hashrateindex.com/blog/bitcoin-difficulty-is-down-year-over-year-for-the-second-time-ever/?ref=weekly-roundup-newsletter
tl;dr, this is only the second year in history where difficulty is down YoY.
This is because of AI demand for watts alongside the deepest mining bear market we've ever experienced.
Cool! I hadn't seen that yet! Looking forward to reading it.
We actually just posted about this on Hashrate Index this morning! https://hashrateindex.com/blog/bitcoin-difficulty-is-down-year-over-year-for-the-second-time-ever/?ref=weekly-roundup-newsletter
tl;dr, this is only the second year in history where difficulty is down YoY.
This is because of AI demand for watts alongside the deepest mining bear market we've ever experienced.