Bitcoin Price Decline Sparks Rare Mining Difficulty Drop

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Bitcoin mining difficulty has decreased for the first time in two years. The minor 0.62% drop was observed yesterday and currently stands at 40,007,470,271, down from 40,300,030,238.

The difficulty level crossed the 40,000,000,000 mark late last month, peaking after several consecutive quarters of rapid growth. The 1,000,000,000 milestone was passed last December, while the last difficulty drop was recorded back in late 2012.

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