🚀 Attention crypto enthusiasts! Bitcoin mining difficulty reached a new all-time high of 83.95 trillion hashes on March 14, the same day the BTC price hit $73,835. This happens just before the April halving, creating an optimistic atmosphere in the market.
Mining difficulty measures how difficult it is to "mine" bitcoin by solving cryptographic puzzles that vary depending on the number of miners on the network.
Meanwhile, the price of Bitcoin continues to rise and miners benefit. Mining rewards reached $78.89 million on March 11, surpassing the previous record of $74.4 million in October 2021.
What do you think about the future of Bitcoin and mining? Comment below and let's talk cryptocurrencies! 💬