Tags : Difficulty

Bitcoin

Data shows Bitcoin mining difficulty flat despite near 300% gains

Today sees the Bitcoin bulls mounting a fightback following the weekend slide. Although the leading cryptocurrency is up a relatively modest 3%, it’s still welcome news considering the pain of last week’s sell-off. Despite recent turbulence, Bitcoin’s macro performance has been nothing short of remarkable since the end of Q3 2020. While the lead up […]Read More

Market

Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge

Bitcoin’s mining difficulty just reached a record high above 20.6 trillion as more people are mining at a larger scale than ever before thanks to ballooning mining revenue and bitcoin’s parabolic price rally. “A new difficulty all-time high is no surprise considering mining revenue has tripled in recent months,” said Edward Evenson, business development lead […]Read More