Bitcoin mining difficulty hits all-time high, above 50 trillion hashes

Key Takeaways Bitcoin mining difficulty has surpassed 50 trillion hashes for the first time ever Higher difficulty means more competition and less profit for miners, but also more security for the Bitcoin network Higher mining difficulty means greater energy input required to mine Bitcoin, meaning greater cost for miners Mining stocks have underperformed Bitcoin significantly […]

Bitcoin dips by 2% today as mining difficulty falls by 7.2%

Bitcoin is trading below $17k once again after losing roughly 2% of its value today. Bitcoin mining difficulty is down 7.2%, the biggest drop in more than a year.  The total crypto market cap is also down by nearly 2% in the last 24 hours. Bitcoin mining difficulty dips by 7.2% Bitcoin, the world’s leading […]