Bitcoin Mining Difficulty Surges 24% Quarterly Since August 2024
Column
January 21, 2025 11:24 PM
In Brief:
Bitcoin mining difficulty has grown 24% every quarter since August 2024.
This marks a sustained rise in network security and miner competition.
According to Bitcoin News, Bitcoin’s mining difficulty has recorded a substantial increase of 24% quarterly since August 2024. This metric, which reflects the computational power needed to mine blocks, highlights the growing competitiveness among miners and the robustness of the Bitcoin network.
This rise in difficulty underscores Bitcoin’s increasing adoption and its appeal to miners despite challenging market conditions. A higher mining difficulty strengthens the network’s security, making it more resilient against potential attacks.
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