Bitcoin miners become bullish on 60% raise in difficulty

Bitcoin miners become bullish on 60% raise in difficulty

By CryptoArgha | Crypto Argha | 21 Sep 2019


Bitcoin mining hashrate topped all time high this year by break all the records

Recently bitcoin mining hashrate raised to 1 quallion hash of power in the chain. As a recently bitcoin also seen a little lift on the price too

But the raise of suddent mining hash rate power has also made it difficult to mine bitcoin as 60% difficulty will grow by third quater this year

This means with bigger rewards there will come much more power to mine bitcoin in quater 3 2019

According to blockchain data analysis platform coinmatrics the raise of hash rate has also made the blockchain network more busy and increased the fee of work more

According to analysers this is the were beginning of new bull run and getting prepared for massive pump in Bit coin price


CryptoArgha
CryptoArgha

Hi I am Argha. I write Blogs and Article Related to Cryptocurrency, blockchain and Technology


Crypto Argha
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A blog Dedicated To Cryptocurrency and blockchain technology

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