Bitcoin’s recent increase in difficulty means that miners are already facing a decline in income
In the year On August 28, Bitcoin mining difficulty increased by 2.99% at a block height of 858,816, pushing the benchmark from 86.87 trillion to a whopping 89.47 trillion. This adjustment adds a bit more challenge to bitcoin miners, especially since hash rate values are at very low levels. As income decreases, the problem of the Bitcoin network increases […]
