Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

Bitcoin miners image via CoinDesk archives After posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China. The slowdown in the growth of so-called mining difficulty signals that miners have had to pause upgrading equipment after the epidemic prompted Chinese authorities to impose a quarantine and major mining equipment makers delayed production and shipments. Mining […]

 

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