Bitcoin mining has never been easier since China’s crackdown – miners stand to make higher profitsUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostBitcoin mining has become easier and more profitable, as the pool of miners competing to create tokens shrinks following China’s strict crackdown on the country’s cryptocurrency operations.The level of difficulty for mining bitcoin plunged by 28 per cent on Saturday, according to blockchain data service BTC.com, to mark the largest drop in the network’s history. Bitcoin’s hash rate, which reflects the computation power needed to validate tokens, is automatically adjusted by the network’s…Read More

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