Bitcoin Mining Difficulty Reaches a New All-Time High

Bitcoin Mining Difficulty Reaches a New All-Time High

Who would have believed that in less than a year from China’s crypto mining ban, Bitcoin Hash Rate and mining difficulty would fully recover and reach new all-time highs?

Bitcoin mining difficulty is a measure of how difficult it is to mine a block in the network. It automatically adjusts approximately every two weeks.

While more miners join the Bitcoin network, the Bitcoin mining difficulty increases, and when miners leave the network, the Bitcoin mining difficulty decreases.