Bitcoin Mining Difficulty Reaches Record High Amid Industry Challenges

According to Cointelegraph, the Bitcoin (BTC) mining difficulty has surged to a new all-time high of 134. 7 trillion, marking a significant milestone for the network. This increase in difficulty comes after a previous peak in August, with expectations that it would decline proving inaccurate. Despite the rising difficulty, Bitcoin's hashrate has decreased to 967 billion hashes per second, down from the record high of over 1 trillion hashes per second observed on August 4, as reported by CryptoQuant source: https://www.binance.com/en/square/post/29341396605898?utm_source=BinanceNewsRSS