Bitcoin Difficulty Whipsaws From 11% Slide to 14.73% Climb in 2 Weeks

Bitcoin Difficulty Whipsaws From 11% Slide to 14.73% Climb in 2 WeeksFollowing the prior difficulty recalibration that occurred 2,016 blocks ago—roughly two weeks back on Feb. 7—the Bitcoin protocol has now delivered a sharp counterpunch. On Thursday, at block height 937440, mining difficulty climbed 14.73%, effectively wiping out the earlier steep reduction and reminding participants that in this arena, gravity is optional and reversals are swift. […]

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