Bitcoin network difficulty dips more than 4%, the most since July 2021

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Bitcoin network difficulty dips more than 4%, the most since July 2021
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ICYMI: Bitcoin network difficulty dips more than 4%, the most since July 2021

Bitcoin mining difficulty fell by -4.33% during a network adjustment on May 25.

Mining difficulty refers to the complexity of the mathematical process behind mining, during which miners are repeatedly trying to to find a hash below a set level. Miners that"discover" this hash win the reward for the next transaction block. The difficulty adjusts every 2,016 blocks in sync with the network's hash rate.

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