Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History

Bitcoin.com | Mar 27, 2020 at 3:15 AM
  • Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29.
  • Moreover, the crypto network has seen the second-largest difficulty drop since October 2011.
  • BTC’s difficulty is based on a two-week interval or 2,016 blocks, but it’s also affected a great deal when a large number of mining operations stop mining.