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31 May 2020

Blockchain Bites: Bitcoin's Difficulty Adjustment and More - CoinDesk

Blockchain Bites: Bitcoin's Difficulty Adjustment and More - CoinDesk


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Blockchain Bites: Bitcoin's Difficulty Adjustment and More.

Getting Easier The Bitcoin network just fine-tuned a key parameter to coax back miners who quit after last week's halving hammered their profits. Bitcoin's mining difficulty, which measures how hard it is to compete for block rewards, decreased 6% on Wednesday, in the network's first biweekly difficulty adjustment since the halving meant to keep the block interval at roughly every 10 minutes.

This adjustment may lure less efficient miners back into the network.

security interests, blockchain could assist the military in anything from “weapons release” [Ed.

Elliptic Growth Crypto sleuthing firm Elliptic has expanded its scope to cover some 97% of digital assets by trading volume – the broadest range of any crime-fighting blockchain analytics service, the company said.

Mining Metrics Bitcoin became 6% easier to mine Tuesday, a rare dip in Bitcoin's lifetime in which difficulty has almost always trended upwards

Despite the recent adjustment, the current difficulty is still well over double what it was this time last year – a sign of just how competitive the mining business has become

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Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
published: 2 days ago
Litecoin price is showing signs of an upside correction against the US Dollar, similar to bitcoin. LTC price must clear the $45.00 hurdle to start a sustained upward move in the near term.

sentiment (-0.3) Negative

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