Bitcoin mining difficulty has experienced a significant drop. According to data, the Bitcoin mining difficulty decreased by a substantial 7.48% on June 29th, settling at 116.96T. This adjustment, recorded around 14:23 Korean time, reflects a change in the computational effort required to mine Bitcoin blocks. The current average hash rate of the Bitcoin network over the past week is approximately 996.69 EH/s. A lower difficulty generally makes it easier for miners to find new blocks, potentially increasing their rewards. This drop could be influenced by various factors, including fluctuations in miner participation and changes in the profitability of mining. The implication is that miners with existing infrastructure may see increased profitability in the short term. ```

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