Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters

April 11, 2024, 9 p.m. 8 months, 1 week ago

Bitcoin Mining Difficulty Hits Record High In Anticipation Of Halving Event – Here’s Why It Matters. The Bitcoin network mining difficulty has surged nearly 4% to hit an all-time high just a few days before the highly anticipated Halving event. This adjustment, recorded at 86.4 trillion, marks a crucial milestone in the cryptocurrency’s history. Decrypting Bitcoin’s Mining Complexity Notably, Bitcoin mining difficulty measures miners’ complexity in …


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Who, What & Where

Bitcoin

Bitcoin


The first decentralized digital currency, created by an unknown person or group …

Halving


An event occurring every 210,000 blocks where the reward for mining a …

Cathie Wood

Cathie Wood


Cathie Wood is a prominent figure in the financial industry, known as …