Quick Take
The Bitcoin network has experienced a 2% drop in its difficulty adjustment, marking the fourth such decrease in 2023. With approximately a quarter of all adjustments this year showing a negative trend, the hash rate acceleration is evident.
Currently, the hash rate stands at around 364 trillion (Th/s). Despite the recent decrease, the difficulty adjustment level remains robust, hovering around the 50 trillion (T) mark.
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Source: https://cryptoslate.com/insights/bitcoin-difficulty-experiences-2-dip-amid-hash-rate-decrease/