Bitcoin mining profit crisis hits as difficulty to drop by 14% this weekend while block time spikes to 20 minutes

While price action has always been volatile and, arguably, exciting, the Bitcoin network itself is built to feel boring. Ten minutes per block, tick tock, rinse and repeat, a metronome you can set your watch to. Then every so often, it gets very human again. Early this morning, block production slowed enough that the average […]

The post Bitcoin mining profit crisis hits as difficulty to drop by 14% this weekend while block time spikes to 20 minutes appeared first on CryptoSlate.