Bitcoin mining difficulty has reached an all-time high.
BTC.com, Bitcoin mining difficulty has reached an all-time high of 27.97 trillion hashes. On the other hand, YCharts data reveals that the network’s hashrate is close to 213 EH/s, the all-time high of 248 EH/s set on February 12.
Source: Ycharts What Does This Mean?
Both data means that Bitcoin mining is currently very popular around the world. He also emphasizes that the network is more secure than ever before.
Bitcoin Drops
While Bitcoin mining has become increasingly popular, developments such as the Russia-Ukraine tension have created a selling pressure in the crypto money market. In the past minutes, Bitcoin has fallen below $ 40,000, reaching the level of 39,600. Bitcoin is trying to stay above $40,000 at the time of publication and is trading at $40,600.
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