RATE Group | Bitcoin Mining Difficulty Slips For the First Time in 2020 + More News
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Bitcoin Mining Difficulty Slips For the First Time in 2020 + More News

Bitcoin Mining Difficulty Slips For the First Time in 2020 + More News

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Bitcoin Mining Difficulty Slips For the First Time in 2020 + More News 101
Source: iStock/Cylonphoto

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Mining news

  • After five consecutive increases, the Bitcoin mining difficulty dropped by 0.38% on February 25, and is estimated to decrease by another 0.91% in 13 days when the next adjustment is set to happen, according to the estimates by major Bitcoin mining pool BTC.com. In total, the mining difficulty increased by around 12% this year. Last time it corrected lower was on December 5, when it dropped 0.74%.

    Bitcoin Mining Difficulty Slips For the First Time in 2020 + More News 102
    Source: BTC.com

Adoption news

  • Coinbase Wallet users can now use short and simple addresses to send their crypto, instead of traditional long addresses. The blog post explains that the wallet, offered by cryptocurrency exchange Coinbase, has launched support for sending to usernames like @walletfan, as well as Ethereum Name Service addresses like walletfan.eth, which has also been…

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