KuCoin Breaks Down Bitcoin Mining Fluctuations

The Bitcoin mining landscape is complex and influenced by several factors that affect daily output. One critical aspect is the network's adjustment of mining difficulty, which occurs approximately every two weeks to maintain a consistent block discovery rate.

This adjustment means that as the total global hashrate increases, the difficulty rises, impacting individual miners' outputs. Even with a fixed hashrate, fluctuations can occur based on overall network competitiveness.

KuCoin explained in a recent tweet that mining output can vary even with a stable hashrate due to the network's difficulty adjustments.