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Hash rate decline corresponds to decrease in Bitcoin’s difficulty adjustment

Quick Take 2023 marks a noticeable development in Bitcoin’s operational dynamics through a shift in difficulty adjustment—a mechanism that ensures consistent block discovery times despite varying hash power. Out of the 18 adjustments that have transpired so far this year, six have been negative, accounting for 33% of the total adjustments this year. The most […]. The post Hash rate decline corresponds to decrease in Bitcoin’s difficulty adjustment appeared first on CryptoSlate.
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