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  1. The difficulty of the algorithm (SHA-256) that is used for mining Bitcoin was decreased by 9,29% on June 4th, 2020. This was reportedly the 7th biggest drop in difficulty in Bitcoin's history. The difficulty for mining Bitcoin adjusts every 2016 blocks to keep the block production time on an average of ten minutes. This event is hardcoded into Bitcoin's code and there is no need for intervention by developers. It is called "Difficulty Adjustment" and it occurs roughly every two weeks. It calculates the average time of blocks produced and adjusts the difficulty of the SHA-256 cryptographic problems that miners are solving to validate transactions. source: btc.com (link) According to data from btc.com Bitcoin's difficulty was adjusted lower by close to 10% on block 633.024 allowing the miners to produce new blocks with less hash rate. Bitcoin's hash rate has been inconsistent after the halving in May, and many miners were forced to shut-down their equipment as expected. The halving had an effect on many miners which weren't profitable anymore. The profitability of miners will be higher at least for another two weeks and this is already helping hash rate recover. source: Blockchain.com (link) Hash rate has been fluctuating a lot and on average it dropped to a new year low a few days ago. Hashrate is what makes the Bitcoin's network secure and while for the first six months of 2020 it doesn't follow the pattern of previous years, still even if it drops 50% in case miners are not profitable, the network will be as strong as it was last year, so it won't be any cause for concern. From various articles I've read it seems that miners have sold a lot of Bitcoins from their stack lately. Basically, they've sold more than they produced after the halving. It is usual for miners to hold their Bitcoins when prices are low, or on a downturn, and sell when they are higher sometimes in co-ordination between them in order not to crash the price. The selling pressure after the halving was mostly from the miners but it was absorbed by the market quite well, without any major dips happening that could change the trend into a bearish one.
  2. Mining difficulty which is always stated as a number, is an important deciding factor when it comes to choosing a proper coin for mining. It is usually defined as the following: How hard it is to validate transactions and add new blocks to the blockchain. So, a more difficult coin takes longer to be mined. More difficult coins require more complex mathematical calculations to be completed by mining devices. But what is really meant by difficulty number? How this number has been stated for each coin? Is there a certain formula to calculate this number?
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