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Cryptocurrencies: 26901
Markets: 106767
Market Cap: $3,743,426,752,261     
24h Vol: $129,864,322,227
cryptonews 2023-01-16 11:39:00

Why Bitcoin Hash Rate and Mining Difficulty Headed Higher is Great News for Bulls

Why Bitcoin Hash Rate and Mining Difficulty Headed Higher is Great News for Bulls
The difficulty of mining a bitcoin block has increased by around 10% during the latest adjustment, suggesting that more miners are coming back online as prices continue to recover. The adjustment at block height 772,128 is the biggest downward change since October 10, 2022, when the metric rose by 13.55%, data from mining pool BTC.com shows. More specifically, the difficulty has climbed to 37.59 trillion from the previous 34.09 trillion. ... Read More: Why Bitcoin Hash Rate and Mining Difficulty Headed Higher is Great News for Bulls
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