"Bitcoin mining difficulty dropped more than 5% on July 5, to a quarter-low of 79.5T. This is the largest decrease since March. 📉

- Bitcoin mining difficulty is a measure of hashrate, which is the number of guesses a miner needs to make before solving the cryptographic puzzle to unlock one of the remaining bitcoins.

- Hashrates are updated every 2,016 blocks, which takes about two weeks. Over Bitcoin's lifetime, hashrates have generally increased month by month with few exceptions.

- Under the current difficulty level of 79.5T, F2Pool estimates that an ASIC rig with a watts per terahash ratio of 26 or better (lower) will be profitable as long as the Bitcoin price does not fall below $54,000 la.

- If Bitcoin prices drop lower, more efficient rigs will be needed to keep miners profitable. If it holds, conditions will be suitable for large miners, especially those with energy support policies for mining facilities.

Let's discuss this situation!#Bitcoin#KhaiThac"