November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

1 min read
Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue SlumpOn Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s Difficulty Jumps as Earnings Dwindle Bitcoin’s difficulty ticked up […]