Bitcoin (BTC) mining difficulty is expected to adjust downwards by about 4.5% during the next adjustment window, on July 21 at around 7 p.m. BST, according to an analysis conducted by CryptoSlate using Glassnode data. This event will mark the most significant decrease in mining difficulty since China’s crackdown on Proof-of-Work (PoW) mining in May 2021. The chart below shows four past instances of a significant downward adjustment. These occurred in March 2020, May 2020, October 2020, and July 2021, with the adjustment in July being the most significant drop.
Bitcoin mining difficulty expected to see largest drop since China ban
