Bitcoin Mining Difficulty Set for First Annual Drop in 17 Years

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Bitcoin's annual mining difficulty is heading toward its first net decline since the network's creation, falling from 148.3 trillion at the end of last year to 126.2 trillion. Analyst PlanB shared the statistics, noting the unprecedented event. The drop marks the first annual decrease in Bitcoin's 17-year history.

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Bitcoin mining difficulty is set for its first annual drop, indicating reduced network security and miner profitability.