Variable mining rate refers to the fluctuating amount of cryptocurrency that miners can earn over a specific period based on network conditions. This rate changes depending on several factors, including mining difficulty, block rewards, and the overall hash rate of the network.Mining difficulty adjusts periodically to ensure that blocks are produced at a consistent rate, usually every few minutes. When more miners join the network, the difficulty increases, leading to a decrease in the number of rewards for each miner. Conversely, if miners leave the network, the difficulty decreases, allowing remaining miners to earn more.Block rewards may also be halved at predetermined intervals (e.g., Bitcoin’s halving event). This reduction in rewards can affect the overall earnings of miners.Overall, variable mining rates create an environment of uncertainty, as miners must continuously adapt their strategies to maximize their profits amid changing conditions. Understanding these dynamics is crucial for miners to plan their operations effectively.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the