Bitcoin Mining Difficulty Reaches Record High of 101.65 T Amid Rising Network Hash Rate

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6 months ago bitnews

Bitcoin Mining Difficulty Record High: What It Means for the Crypto Ecosystem On November 4, 2024, Bitcoin mining difficulty reached a historic high, climbing by 6.24% to 101.65 trillion (T). This latest increase, recorded by CloverPool (formerly BTC.com), reflects the growing competition among miners and the rising demand for computational power to validate transactions on