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2026-08-23 10:56:44 UTC

greencandleit on Nostr: Bitcoin's mining difficulty has fallen year on year for only the second time ever. ...

Bitcoin's mining difficulty has fallen year on year for only the second time ever.

The first was 2021, when China banned mining and half the network went dark overnight.

Nobody banned anything this time. The miners left because AI companies pay more for the same electricity.