Bitcoin’s ‘mining difficulty’ is about to fall. Here’s what that means for the cryptocurrency – CNBC

bitcoin’s-‘mining-difficulty’-is-about-to-fall.-here’s-what-that-means-for-the-cryptocurrency-–-cnbc

A cryptocurrency mining computer equipped with four cooling fans is seen on display at a computer mall in Hong Kong, January 29, 2018.

Bobby Yip | Reuters

Bitcoin’s mining difficulty is set to drop about 27% Friday by some estimates, as it seeks to make up for the lost computing power that left the network when China banned mining in various provinces two weeks ago.

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