November 25, 2024
Mining News

Bitcoin Mining Difficulty Set for a New All-Time High in Less Than a Day

  Bitcoin (BTC) mining difficulty is likely to break its all-time high in less than a day, cutting into the already decreasing profit margins of BTC miners.  At 10:23 UTC, Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to go up 9% in approximately fifteen hours, per BTC.com, a mining pool, data. This would bring it to 26.58 T – higher than its previous all-time high of 25.05 T set in mid-May 2021.... Read More: Bitcoin Mining Difficulty Set for a New All-Time High in Less Than a Day