{"id":71035,"date":"2022-12-06T09:49:28","date_gmt":"2022-12-06T07:49:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=71035"},"modified":"2025-09-08T05:46:44","modified_gmt":"2025-09-08T02:46:44","slug":"bitcoin-mining-difficulty-falls-by-7-32","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-falls-by-7-32\/","title":{"rendered":"Bitcoin mining difficulty falls by 7.32%"},"content":{"rendered":"

Bitcoin mining difficulty fell by 7.32%, to 34.24 T.<\/p>\n

A decline of that magnitude was last seen in July 2021.<\/p>\n

\"Bitcoin
Data: BTC.com<\/a>.<\/figcaption><\/figure>\n

The smoothed 7-day moving average of hashrate<\/a> stands at 252 EH\/s.<\/p>\n

\"Bitcoin
Data: Glassnode<\/a>.<\/figcaption><\/figure>\n

Hashprice<\/span> continues to hit historical lows, at around $0.06. Further declines in mining profitability could push even more participants out of the market.<\/p>\n

\"Bitcoin
Data: Coin Metrics<\/a>.<\/figcaption><\/figure>\n
\n

“In the face of falling coin prices, rising energy costs, and a mounting debt burden, the mining industry is under extreme stress,” \u2014 Glassnode analysts<\/a>.<\/p>\n<\/blockquote>\n

Earlier, Iris Energy shut down<\/a> a large portion of its equipment after two of its subsidiaries received a default notice.<\/p>\n

Follow ForkLog’s Bitcoin news in our Telegram \u2014 crypto news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin mining difficulty fell by 7.32%, to 34.24 T.<\/p>\n","protected":false},"author":1,"featured_media":71036,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137],"class_list":["post-71035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=71035"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71035\/revisions"}],"predecessor-version":[{"id":71037,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/71035\/revisions\/71037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/71036"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=71035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=71035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=71035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}