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Bitcoin (BTC) Mining Difficulty to Set New All-Time High This Week

May 30, 2023
in Crypto Updates
Reading Time: 1 min read
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A rise in problem means a decline in profitability for miners as a result of their probabilities to win any single block, and herald income, turns into slimmer. Marathon Digital Holdings (MARA), one of many largest miners, famous that its month-to-month mined bitcoin was decrease, month-on-month, as problem rose in April. Equally, Canadian miner Bitfarms (BITF)’s fourth quarter slid to a loss because of greater problem.

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According to an Ohio lawmaker, a deal to prevent US financial default rejects a proposed 30% cryptocurrency mining tax.

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