BITCOIN MINING DIFFICULTY DECREASES FOR FIRST TIME IN ALMOST TWO YEARS

The difficulty of Bitcoin mining has decreased, for the first time since December 2012, by .62%. For 20 months now, the difficulty has steadily risen to cope with added hashpower from large mining outfits like Ghash.io. But now, though not for the first time, difficulty has decreased.
Security Intact
Speculation aside, it is important to note that at the network’s current hash rate of roughly 294 million GH/s, security is not in danger. According to Blockchain.info, this time last year the network totaled just 6 million GH/s, and things were secure then, too.

This post was published at Crypto Coins News on December 3, 2014.