Bitcoin Mining Set to Hit New Record High – What’s Driving the Surge?
The Bitcoin mining difficulty is about to be adjusted to a fresh record high, reflecting a continued rise in the number of mining machines competing to secure the network. According to data presented by CoinWarz.com, the...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to data presented by CoinWarz.com, the BTC mining difficulty will be lifted from its current level of 49.55 trillion to 50.91 trillion at tomorrow’s bi-weekly adjustment.
That means a more than 2.7% jump in the difficulty that individual miners face as they attempt to discover a Bitcoin block....
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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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