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andrzej.srankiewicz
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Bitcoin Mining Difficulty Factor Overcomes 500,000,000,000

Fri Apr 14, 2017 8:10 pm

Bitcoin mining is regulated by a difficulty factor which determines how hard it is to mine one block of bitcoin. Recently the difficulty factor was just above 520,000,000,000. Coinidol.com investigates the effects of this rise on the Bitcoin mining activities.


Bitcoin mining difficulty changes after every two weeks depending of the amount of computing power measured in hashrate available in the bitcoin mining network. When new miners add in more computing power in the network the mining difficulty increases and when big mining farms withdraws from mining the difficulty reduces.

The full article here: https://coinidol.com/bitcoin-mining-difficulty-factor/

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