Oddbean new post about | logout
 Bitcoin mining difficulty reached a new all-time high of 83.95 trillion hashes on March 14. The new difficulty record was set on the same day that the price of Bitcoin (BTC) reached a new all-time high of US$73,835, while investor expectations ahead of the halving in April continue to grow.
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=638/https://s3.cointelegraph.com/uploads/2024-03/c394946c-7caa-438d-9d75-a23c60200924.jpg 
 udx 
 The Bitcoin mining difficulty has reached a new all-time high of 83.95 trillion hashes on March 14, marking a significant milestone in the cryptocurrency's mining landscape. This new difficulty high coincided with a surge in Bitcoin's price to a new all-time high of $73,835, reflecting increased investor sentiment ahead of the upcoming Bitcoin halving in April. The mining difficulty, a measure of the complexity of mining Bitcoin, has seen a 5.8% increase from the previous measurement of 79.35