📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The Bitcoin network is undergoing a significant Difficulty Retargeting, with a decrease reaching a nearly three-year high.
Gate News bot message, PANews reported on June 30 that, according to Cloverpool data, the Bitcoin network completed the latest round of Mining Difficulty adjustment at Block Height 903,168 (2025-06-29 13:23:16), with the value decreasing by 7.48% to 116.96 T. Bitcoin News pointed out that this adjustment is the largest since the ban on Mining in China in 2021. Data shows that this round of difficulty reduction is related to factors such as U.S. miners halting operations due to extreme heat and Iranian miners (accounting for 4% of global Computing Power) facing power outages.