Bitcoin miners can rest as the difficulty of extracting a block has dropped by 6%.
The difficulty of production of Bitcoin dropped by 6%, which means it is easier to generate a block.
This is the third negative change in difficulty this year. Smaller diggers should feel some relief.
According to Satoshi’s design, Bitcoin is designed to automatically adjust the difficulty of extracting a block for each 2016 block.
After the block prize dropped to 6.25 BTC, many miners were forced to give up, as a result of which the hash rate dropped by 40%.
As a result, far fewer blocks were produced, with only 95 blocks produced on 17 May.
More blocks should now be extracted once the difficulty has subsided.