Bitcoin Price Drop Puts Pressure on Miners
In the last 24 hours, Bitcoin's price fell by approximately 8%, reaching $71,000. This drop has directly affected miners, particularly those operating machines with a power efficiency of 22W/T, which have now hit the break-even point.
Mining Difficulty Expected to Decline
Despite the current challenges, there's hope ahead. The Bitcoin mining difficulty is expected to drop by over 10%, offering miners a more favorable environment and easing the current strain.
Looking Ahead
This difficulty adjustment could help miners regain profitability and potentially attract new participants, supporting further growth in the Bitcoin ecosystem.