The Difficulty of Mining BTC Just Eased Slightly, Data Shows

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Bitcoin mining just got a little easier, at least on paper. Data shows that Bitcoinโ€™s mining difficulty dropped slightly fromย its all-time high. On June 15, the network recorded a small decrease in difficulty, going from 126.9 trillion (set on May 31) down to 126.4 trillion. While this might not seem like a big change, itโ€™s actually a sign of important shifts happening in the mining world.

As the industry shifts, one thing is clear: Bitcoin mining isnโ€™t just about solving puzzles anymore. Itโ€™s about who can play the long game, and win. Firms likeย Canaan Inc. (NASDAQ: CAN)ย that manufacture the equipment and supercomputing chips used to mine cryptos could be taking note of theseโ€ฆ

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