Browsing: Bitcoin mining difficulty

Bitcoin difficulty has recently surged by an impressive 5.61%, reaching a staggering 114.17 trillion at block height 883,008.This increase highlights the ever-evolving landscape of Bitcoin mining difficulty, where the computational challenges faced by miners are growing increasingly complex.

Bitcoin production has recently faced challenges as miners struggle against rising network difficulty, impacting their monthly output.In January, many miners reported a significant decline in production, with companies like Hut 8, Mara, and Bitfarms experiencing reductions compared to the previous month.