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Bitcoin mining difficulty rises 5.54% to 148.36T as hashprice drops to lowest since August
On Oct. 29 Bitcoin's mining difficulty increased 5.54% to 148.36 trillion, up from 140.58 trillion after a 5.92% rise on Oct. 16. Daily mining revenue, measured as hashprice, fell to roughly $33 per petahash per second, the lowest level since August. The adjustment cuts expected BTC earnings per unit of unchanged hashrate by about 5.24%. While the network's computing power is recovering, miners face shrinking revenues and tighter margins.