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Bitcoin Hashrate Rises by 1% Compared to Last Month; Mining Difficulty Decreases by 2%

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Son Min
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  • The monthly average hashrate of Bitcoin showed a positive signal by rising 1%.
  • The mining difficulty decreased by 2%, creating a favorable environment for mining companies.
  • JP Morgan stated that these changes could act as a positive factor for the Bitcoin mining business.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The monthly average hashrate of the Bitcoin (BTC) network has increased by 1% compared to the previous month.

According to CoinDesk on the 4th (local time), JP Morgan reported that "the monthly average hashrate of Bitcoin in January was 785 EH/s, up 1% from the previous month," and "the mining difficulty decreased by 2% compared to the previous month." It further stated, "This is an uncommon occurrence," and "it could act as a positive factor for the Bitcoin mining business."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit