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26 July 2021

Bitcoin (BTC) Records Fourth Consecutive Mining Difficulty Decline

Bitcoin (BTC) Records Fourth Consecutive Mining Difficulty Decline


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Bitcoin (BTC) Records Fourth Consecutive Mining Difficulty Decline.

Thus, with the hash rate continuing to decline since the mining ban in China, it is unsurprising to see the continued drop in difficulty for Bitcoin.

Bitcoin’s hash rate plunge and subsequent difficulty decline has coincided with a period of massive upheaval in China’s crypto mining scene.

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BTC gains 15% in 3 hours amid tight squeeze
published: 1 hour ago
A sharp squeeze has seen Bitcoin quickly rally to test $40,000 for the first time in roughly six weeks, reclaiming its 50-day moving average in the process.

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