What happened: New data shows the difficulty of Bitcoin (CRYPTO: BTC) mining is on the upswing. According to data from BTC.com the level of difficulty to mine the cryptocurrency increased by 6% on Saturday. It’s the first increase in difficulty for Bitcoin miners since the digital currency began to crash in May, according to a report from Decrypt.
Why it’s important: The rate of difficulty has plunged since peaking at a record high in mid-May. The level continued to decrease in June and…
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