Bitcoin Difficulty is set to go through a decline on Thursday, breaking a long chain of increases across the past seven network adjustments.

Bitcoin Mining Difficulty Is Expected To Go Down Over 3%

According to data from CoinWarz , the Bitcoin Difficulty is expected to see a decline in the upcoming network adjustment. The “ Difficulty ” here refers to a metric built into the BTC blockchain that controls how hard miners would find it to mine a block on the network.

Its value is entirely controlled by the code Satoshi wrote, meaning no third party has any say on how the Difficulty will change. The BTC creator established one simple rule for the chain to follow: the block production rate (that is, the speed at which miners are performing their task) should remain constant at 10 minutes

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