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2024-10-23 11:00:39
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coindesk.com on Nostr: Summary of Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; ...

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



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


Bitcoin mining difficulty jumps 3.9%, hits 95.67T on Tuesday, amid record hashrate.

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

Bitcoin's mining difficulty has reached an all-time high of 95.67 terahashes (T), with a 3.9% increase, according to Glassnode data. This coincides with a record hashrate of 700 exahashes (EH/s) for the first time. The 13th positive adjustment for 2024 may indicate a bull run in bitcoin.
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