Bitcoin Mining Difficulty Is Set to Reach Record High Amid Surging Hashrate

Bitcoin Mining Difficulty Is Set to Reach Record High Amid Surging Hashrate


Bitcoin

mining difficulty is on track to reach a new all-time high sometime around midnight UTC in a sign of increased participation by miners that makes the blockchain more secure.

The adjustment is likely to finalize within the next 100 blocks, with projections showing the measure will rise about 4% to 126.95 trillion (T), eclipsing the current 123 T record. Difficulty was 109 T at the start of the year, according to Coinwarz.

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