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Bitcoin Mining Difficulty Reaches New Peak, New ATHs Ahead

Bitcoin Mining Difficulty Reaches New Peak, New ATHs Ahead
The mining difficulty for Bitcoin has reached a new record high of 110.45 trillion, making mining significantly harder than when Bitcoin was first launched. This has led to miners needing more computing power and investment in hardware, causing some mining companies to shift their focus to areas like high-performance computing and artificial intelligence to boost earnings. This trend is not new, as after China's mining ban in 2021, there were nine consecutive positive difficulty adjustments. Despite the challenges, Bitcoin's network has continued to grow stronger, with an impressive hashrate growth indicating resilience and adaptability in the ecosystem.

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