Tag: Bitcoin mining difficulty
Bitcoin Difficulty Reaches Record High for 8th Time
Bitcoin Mining Difficulty Reaches Record HighBitcoin has once again broken records in the cryptocurrency world, with the mining difficulty adjustment hitting an all-time high of 110.45 trillion. This marks the eighth consecutive positive adjustment,...
Bitcoin Mining Profits Declined in July, According to Jefferies
Bitcoin mining profits experienced a slight decline in July, according to a report by investment bank Jefferies. The bank noted that the profitability of Bitcoin mining was marginally less in July compared to the...
Bitcoin Mining Difficulty Drop Similar to FTX Collapse, CryptoQuant Analysis
Bitcoin mining difficulty saw a significant drop of 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This is the largest difficulty drop since the collapse of...
