RE: Bitcoin: Mining Difficulty Reaches New ATH

Today Bitcoin’s mining difficulty has reached a new ath, increasing by 3.6%:

Bitcoin is now harder to mine than ever

The difficulty of mining a Bitcoin block ramped up by 3.6% today, marking an all-time high for the network. But the adjustment does put additional pressure on miners.

While not the most significant leap in difficulty adjustment history, the 3.6% hike brought Bitcoin’s total network difficulty to a record high of 17.56 trillion (T). The last time network difficulty came close to that figure was in July.

Full article here: https://decrypt.co/39662/bitcoin-is-now-harder-to-mine-than-ever

Fletch Master Asked on August 24, 2020 in Bitcoin.
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1 Answers

It’s been a bumpy road for miners, as of late – in China it seems miners in Inner Mongolia have lost their subsidized electricity

https://decrypt.co/39718/bitcoin-miners-in-china-lose-access-to-cheap-electricity

Master Answered on August 25, 2020.
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