The Bitcoin mining difficulty has scaled from about 1.1E/s in 2026 to over 400 E/s in 2023 fueled by extremely high demand from institutional investors.
With about seven months to the fourth Bitcoin halving, miners are rushing to obtain more coins before the reward per block is slashed 
As more investors around the world acquire more knowledge of Bitcoin and blockchain technology the overall demand has significantly increased. More governments are stepping in to control the extremely high greed to acquire Bitcoin to avoid the exploitation of investors like the FTX and Alameda Research situation that left millions of crypto users devastated. Interestingly, more investments have proliferated into the Bitcoin mining industry to develop green power sources to enable sustainable mining processes.
Moreover, long and short-term investors have accelerated the rate of Bitcoin accumulation in a bid to catch the bullish wave early enough.
The rising interest rates and the high global inflation h

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