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According to COINOTAG News dated January 27, significant changes have occurred in the Bitcoin mining landscape. Data from CloverPool indicates a notable mining difficulty adjustment at block height 880,992, occurring on January 27, 2025, at 11:22:53. The mining difficulty has decreased by 2.12%, settling at 108.11 T. This adjustment marks the first decline since the last quarter of September 2024. Furthermore, the current average network hashrate stands at a robust 771.59 EH/s, reflecting the ongoing evolution of Bitcoin mining dynamics. As the market adapts to these shifts, understanding the implications of such adjustments is vital for stakeholders invested in the cryptocurrency ecosystem. The reduction in difficulty may affect miner profitability and network security, presenting both challenges and opportunities for participants in the Bitcoin mining sector.
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