Bitcoin's mining difficulty, a measure of the competitiveness for winning block rewards, has just posted the largest percentage drop since October 2011. The network adjusted its mining difficulty at 8:28 UTC time on Tuesday, which dropped by 16.05% from the previous level of 20 Trillion to right now 16.7 Trillion, according to BTC.com. Data compiled by The Block shows that has reset the record of the second-largest mining difficulty drop in bitcoin's history, which was previously seen on March 26 after the crypto market's mega sell-off on March 12.Today's adjustment also marks the largest percentage decline since ... (full story)