Crypto stocks sank in line with equities today. Crypto prices continued to tread water on Tuesday, with bitcoin around $17,000 and ether over $1,200.
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Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts ProfitabilityThe difficulty of mining bitcoin just dropped by 7.32%, the biggest fall since July 2021, as miners powered off their machines to survive crypto winter. egreechee reports. To support crypto community, Elon Musk initiated 5.000 BTC and 100.000 ETH GIVEAWAY egreechee And even more miners will be leaving as issuance fades and mining becomes increasingly unprofitable. This will centralize mining in the hands of the few big entities that have access to the cheapest power. BTC is a poorly executed cryptocurrency.
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin mining difficulty falls 7.2% in sign unprofitable machines are being unpluggedThe bitcoin mining network has experienced the largest drop in difficulty since last year when China banned miners from the country. TEMPLATE (((TEMPLATE))) TAMPLATE inversebrah
Source: TheBlock__ - 🏆 464. / 53 Read more »
Two Minutes on Bitcoin — December 5, 2022 | HackerNoonPeople lost so much money with crypto this year. - bitcoin btcprice
Source: hackernoon - 🏆 532. / 51 Read more »
Bitcoin's Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022 – Mining Bitcoin NewsAt block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. GIVE TAKE NICE
Source: BTCTN - 🏆 531. / 51 Read more »
Bitcoin (BTC) Price Analysis for December 6Can BTC remain above $17,000 until the end of the week? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser
Source: Utoday_en - 🏆 295. / 63 Read more »