As Bitcoin miners drop off the network due to the crackdown in China, the algorithm adjusts mining difficulty down 28% to make the process more profitable (MacKenzie Sigalos/CNBC)

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About This Page This is a Techmeme archive page. It shows how the site appeared at 1:20 PM ET, July 3, 2021. The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated. From Mediagazer Emily VanDerWerff / Vox:

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