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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Discussion

Gooood morning fren ☀️☕️🫂💜

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

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

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

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