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Bitcoin Mining Difficulty Drops 14% as Revenues Squeeze Operators

Bitcoin Mining Difficulty Drops 14% as Revenues Squeeze Operators

Bitcoin’s network difficulty has fallen 14% from this year’s peak, reflecting weaker mining economics that are pushing some operators offline or toward new strategies. Forward markets indicate limited relief for miners through year-end, according to the report.

Original headline

Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot