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The Difficulty of Mining BTC Just Eased Slightly, Data Shows

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Bitcoin mining just got a little easier, at least on paper. Data shows that Bitcoin’s mining difficulty dropped slightly from 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, it’s actually a sign of important shifts happening in the mining world.

As the industry shifts, one thing is clear: Bitcoin mining isn’t just about solving puzzles anymore. It’s about who can play the long game, and win. Firms like Canaan Inc. (NASDAQ: CAN) that manufacture the equipment and supercomputing chips used to mine cryptos could be taking note of these…

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