Wednesday, July 31, 2024

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s […]

via Jamie Redman

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