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Bitcoin Network Sees Second Largest Difficulty Reduction of 2024

Post author:MiamiCrypto
Post published:July 7, 2024
Post category:Bitcoin Blockchain halving event hashprice hashrate Miners Mining Mining Difficulty network adjustment reduction revenue decline

On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second…

A Look at How Bitcoin’s Halving Might Trigger ‘Sell the News’ or ‘Sell the Rumor’ Reactions

Post author:MiamiCrypto
Post published:April 18, 2024
Post category:Bitcoin Bitcoin (BTC)Bitcoin Halving BTC halving Crypto Cryptocurrency Featured halving event Sell the News sell the rumor

With fewer than 300 blocks remaining until Bitcoin’s fourth halving, speculation has been rife, with many expecting a ‘sell the news’ scenario following an 11% drop in bitcoin prices. On…