Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming...

Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run

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Source: Coindesk.com

Bitcoin difficulty hits an all-time high of 95.67T, which coincides with a record hashrate that went above 700 EH/s for the first time. The 3.9% jump in difficulty becomes the 13th positive adjustment for 2024. Once the 365-SMA total miner revenue is claimed, this typically coincides with bull runs in bitcoin.

Read More https://www.coindesk.com/markets/2024/10/23/bitcoin-mining-difficulty-hits-all-time-high-as-mining-revenue-rises-signals-upcoming-bull-run/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run" appeared first here Coindesk.com.

Source: Coindesk.com

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