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Bitcoin Miner Relief Ahead: Difficulty To Drop By 5% Next
- The difficulty of Bitcoin mining is set to drop by around 5% in the next network adjustment.
- The slower block time in the Bitcoin blockchain has led to a decrease in difficulty.
- The decrease in difficulty will make it easier for miners to find blocks and increase their revenue.
- The drop in difficulty is necessary to prevent miners from increasing their power indefinitely and causing inflation.
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