Bitcoin Mining Difficulty to Drop the Most Since July 2021

Mining difficulty on the Bitcoin blockchain is set to drop by the most since July 2021 after the amount of mining power securing the network slid about 30% in two weeks. What does this mean for BTC price and the miners in these summer months? CoinDesk’s Jennifer Sanasie breaks it down on “Chart of the Day,” presented by crypto.com. - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE