Bitcoin Network Hits ANOTHER All Time High

This is the third in a very short while, snce November 28, 2021, the network has grown six times consecutively:

Higher Difficulty For Bitcoin Miners

According to the latest data from CoinWarz, the Bitcoin difficulty increased by 5% to 27.97 trillion on February 18. In a span of three weeks, the metric went through positive readjustments twice, with the first one reaching 26.64 trillion on January 21.

To put things into perspective, the mining difficulty figure has grown six times consecutively since November 28, 2021. Thus, it has made it more than 23% harder for miners of the Bitcoin network to confirm a block and extract a block reward since then.

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Master Asked on February 18, 2022 in Bitcoin.
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