Bitcoin Mining Difficulty Surges 10% to New ATH as Miners Return

Bitcoin Mining Difficulty Surges 10% to New ATH as Miners Return

Bitcoin miners got crushed in 2022. What seemed like a year of sufficient capital for expansion, high energy prices, increasing competition, and a bear market knocked several mining giants off.
After the winter slumber, Bitcoin miners are back again as mining difficulty noted over a 10% surge from 34.09 trillion to 37.59 trillion, according to data compiled by BTC.com
Following the development, a leading player in the space, f2pool tweeted,
“Bitcoin mining difficulty increased by 10.26%, to an ATH! In this 2-week cycle, If BTC can go up above $23,000, machines that are more efficient than 40W/T can be running with profits at the electricity of $0.08/kWh.”
The figure that determines how difficult it is to mine a Bitcoin block comes amidst a bullish reversal in the crypto asset’s price action.
Currently trading at $21,175, Bitcoin managed to wipe out losses from the collapse of Sam Bankman-Fried’s crypto empire two months back. The next difficulty change is expected to take place

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We współpracy z: https://cryptopotato.com/bitcoin-mining-difficulty-surges-10-to-new-ath-as-miners-return/

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