Bitcoin Mining Difficulty Hits Record 110 Trillion After Eight Straight Increases: What This Means for Miners and Investors
The Bitcoin network kicked off the year with a significant achievement as mining difficulty hit an all-time high of 110.45 trillion on January 12, 2025. This 0.61% increase marks the eighth consecutive rise in mining difficulty, reminiscent of a similar trend in 2021. Throughout 2024, Bitcoin mining faced substantial challenges but overall, 18 out of ...