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China FUD Over Bitcoin Mining Is ‘Now Moot,’ Luxor Report Says —

October 12, 2021
Source: africapulse.com africapulse.com
News Snapshot:
[China FUD Over Bitcoin Mining Is ‘Now Moot,’ Luxor Report Says —] On the flip side, mining difficulty, which is a variable gauge that automatically adjusts under the Bitcoin blockchain’s code to keep the network running smoothly, is also predicted to be higher in the fourth quarter by Luxor. “We will continue to see successive upward difficulty adjustments, though none will be as drastic as the largest positive adjustments we experienced in Q2 and Q3,” the report said.… Original URL: [Click here to visit original article]
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Tags: bitcoin | blockchain | China | fintech | HERE | network | report

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