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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…

From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days

Post author:MiamiCrypto
Post published:March 23, 2024
Post category:Bitcoin (BTC)bitcoin reserves BlackRock BTC BTC Reserves Crypto Cryptocurrency GBTC News outflow reduction

As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at…