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Bitcoin's mining difficulty dropped 10% in its latest scheduled recalibration, placing it among the 11 largest downward adjustments in the network's history.
The move also stands as the second-largest downward shift of the year, behind only a sharper 11% decline recorded in February.
What Mining Difficulty Is Mining difficulty measures how much computational work is required to successfully add the next block to the Bitcoin blockchain.
Bitcoin's protocol recalibrates this figure automatically, targeting a pace of one new block roughly every ten minutes. The recalibration happens approximately every 2,016 blocks — about two weeks in real time.
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