News Snapshot:
Bitcoin Mining Difficulty Falls by 16% as Chinese Government Intensifies Crackdown on Crypto Activities 7 mins ago by Daria Rud · 3 min read Photo: Depositphotos Thank you! The 16% decrease in Bitcoin mining increased the average time it takes to produce a block to 11 minutes 55 seconds. Now miners are anticipating an even harder crackdown on Bitcoin mining and starting to move their operations. Lately, the Chinese government has been intensifying its efforts on Bitcoin ( BTC ) mining crackdown. In particular, after Chinese Vice Premier Liu He called for a “crackdown on Bitcoin mining and trading behavior”...
