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You are at:Home ยป Bitcoin miners are scaling back operations due to decrease in hash rate
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Bitcoin miners are scaling back operations due to decrease in hash rate

By adminJun. 14, 2024No Comments1 Min Read
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Bitcoin miners are scaling back operations due to decrease in hash rate
Bitcoin miners are scaling back operations due to decrease in hash rate
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Bitcoin mining difficulty, also known as hash rate, has been steadily increasing for the past 18 months. This rise can be attributed to the expansion of mining operations, as miners sought to maximize their profits before the impending rewards reduction caused by the halving. Additionally, the surge in network revenues due to various factors has led to a significant spike in interest in mining. For the latest financial and business news, visit COINTURK FINANCE.

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