Capitulation? BTC Battered by Biggest Mining Difficulty Drop Since 2011

Capitulation? BTC Battered by Biggest Mining Difficulty Drop Since 2011
фото показано с : cointelegraph.com

2020-3-31 23:41

BTC selling from miners could be impacting the price on spot exchanges, taking a closer look at Bitcoin’s mining difficulty provides some useful insights

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mining btc difficulty closer taking exchanges spot

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Pessimistic crypto markets see BTC falling below $6,500, ETH below $500

Market visualization from Coin360 Bitcoin (BTC) has taken an over 11 percent negative hit, trading around $6,449 to press time, bringing its monthly losses to almost 25 percent. The leading cryptocurrency has now fallen below what some commentators consider to be an average BTC mining profitability threshold of $6,500. Aside from hardware costs, the local cost

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