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Bitcoin Mining Difficulty Hits Record High

Sara Zhang

Summary: Bitcoin’s mining difficulty just reached a record high above 20.6 trillion as more people are mining at a larger scale than ever before thanks to ballooning mining revenue and bitcoin’s parabolic price rally. Saturday’s adjustment at block 665,280 marks an 11% increase from the last adjustment on Dec. 27. According to Bitpush, bitcoin's price drops ...

Bitcoin’s mining difficulty just reached a record high above 20.6 trillion as more people are mining at a larger scale than ever before thanks to ballooning mining revenue and bitcoin’s parabolic price rally. Saturday’s adjustment at block 665,280 marks an 11% increase from the last adjustment on Dec. 27.

According to Bitpush, bitcoin's price drops back to $40,000 after almost touching $42,000 on Friday.

By Sara Zhang

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