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🚨 Historic Drop in Bitcoin Mining Difficulty 🚨
Bitcoin mining difficulty plummeted 11.16%, the largest drop since 2021.
The total hashrate decreased by nearly 20% in a month, impacted by low prices and extreme weather events.
Miners are operating above the spot price, intensifying the sector's financial crisis.
The average cost to mine one bitcoin exceeds $87,000 USD, while the price remains near $69,000 USD.

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