The mining difficulty of Bitcoin has decreased by 7.48%

On June 29, as a result of another recalculation, the Mining Difficulty of the first cryptocurrency was adjusted by 7.48% — to 116.96 T.

Data: CloverPool. The indicator has decreased for the second consecutive time. The current drop is the most significant in recent years.

According to Glassnode, the hash rate (7 DMA) has collapsed to 799 EH/s from nearly record levels.

Data: Glassnode.According to Hashrate Index, the hash price has increased from $53 to $58 per PH/s per day in the last 24 hours. The mining yield metric has recovered to the levels of the end of May.

Data: Hashrate Index. At the time of writing, the price of the first cryptocurrency is around $107,000, having increased by 4.5% over the week.

Let us remind you that CryptoQuant noted that Bitcoin miners have increased their reserves by 4000 BTC since April, despite a decline in revenues. At the same time, participants in the "Satoshi era" have switched to accumulation.