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Bitcoin’s mining difficulty decreased by 11.16% to approximately 125.86 trillion at the most recent retarget boundary around block 935,424.
That marks the largest negative adjustment since the 2021 China mining ban, the sixth consecutive downward retarget, and the tenth largest negative adjustment in Bitcoin’s history.
However, difficulty adjustments are lagging indicators, as they reflect what occurred over the previous 2,016 blocks rather than what’s happening now.
The real question is whether the…
