21 sats \ 0 replies \ @lightwalker 7 Sep 2023 \ parent \ on: Tail Emissions Are A Terrible Idea bitcoin
Some recent mining difficulty worth considering.
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368.
Bitcoin Miners See Relief With 2.65% Difficulty Drop and Rising Hash Price
As of Tuesday evening, bitcoin (BTC) miners are finding the going a tad smoother. The network’s mining difficulty decreased by 2.65% on Tuesday evening at block height 806,400. This adjustment comes after the difficulty peaked at an impressive 55.62 trillion, holding steady for 2,016 blocks, or roughly two weeks.
Jamie Redman, Bitcoin.com