On-chain data shows the Bitcoin mining difficulty is heading towards its sixth consecutive increase, which would be a new record for 2023. Bitcoin Mining Difficulty Estimated To See Almost 4% Rise This Weekend The Bitcoin “difficulty” refers to a feature on the blockchain that controls how hard the miners would find it to mine blocks […]
Data shows the Bitcoin mining hashrate has hit another all-time high as miners continue to believe in the cryptocurrency. Bitcoin 7-Day Hashrate Hits New ATH Despite Struggling Price The “mining hashrate” is an indicator that keeps track of the total amount of computing power that the miners have currently connected to the Bitcoin blockchain. This […]