Bitcoin Mining Hits Breaking Point as Difficulty Plunges 9.13%

Your call?🐂 Bullish🐻 Bearish

-9.13%

mining difficulty drop

$BTC

$64,683

-0.8%

As bitcoin prices tumbled to an intraday low of $61,947, mining revenue deteriorated to exceptionally depressed levels, with hashprice languishing between $28 and $30 per petahash per second (PH/s) of daily output. Meanwhile, Bitcoin’s…