The next mining difficulty change is slated for Feb. 12, 2023. At the time of writing, metrics indicate the difficulty could drop as low as 5.6% below the current rate. The decline in estimated mining difficulty for Bitcoin is due to slower-than-average block intervals. Prior to the last two difficulty increases, block times were faster, leading to the increases. Currently, data shows that block times have slowed since the last difficulty change, with times ranging from 10 minutes 44 seconds to 10 minutes 36 seconds.
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