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Home ยป Bitcoin miners are scaling back operations due to a decrease in hash rate
Bitcoin

Bitcoin miners are scaling back operations due to a decrease in hash rate

By adminJun. 14, 2024No Comments1 Min Read
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Bitcoin miners are scaling back operations due to a decrease in hash rate
Bitcoin miners are scaling back operations due to a decrease in hash rate
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Bitcoin mining difficulty, also known as hash rate, had been steadily increasing for a year and a half. This upward trend was driven by the expansion of mining operations, as miners sought to maximize their profits before the upcoming halving event. Additionally, as network revenues continued to grow thanks to various factors, interest in Bitcoin mining surged. Visit COINTURK FINANCE for the latest updates on financial and business news.

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