Replying to Avatar NEW1

GM BTC

This development coincided with the average hashrate of the entire Bitcoin network reaching a new peak of 348.6 EH/s in spite of the bear market.

#news #bitcoin #mining

https://u.today/bitcoin-becomes-stronger-than-ever-as-mining-difficulty-reaches-record-high

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LiberTree 2y ago

Doesn’t it continually get harder? Isn’t this a constant thing?

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NEW1 2y ago

It does continuously get harder. The key is how miners keep up with that rate globally.

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bevo 2y ago

Doesn’t the difficulty adjustment go up and down??

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Joda 2y ago

Yes, it goes up on average, but the difficulty adjustment could be downward if there is a decline in miners (or overall mining power)