Bitcoin Miners Press on as Difficulty Climbs 1.42% in Early Saturday Adjustment

Around 4 a.m. Eastern time Saturday, when Bitcoin’s block height reached 893,088, the network difficulty ratcheted upward to a new all‑time high, making the quest for new blocks considerably more difficult for miners. Block 893,088 Triggers Another All‑Time High in Mining Complexity After the prior adjustment delivered a 6.81% gain, Bitcoin’s difficulty has climbed anew. […] Source link

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The Difficult Adjustment

This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. Well, here we are. Block 800,000. None of us reading this will ever see another Bitcoin block height starting with a 7. We’re less than a year from another halving, awaiting systemic implications from federal regulation and institutional adoption, standing at the precipice of an American primary election into which Bitcoin has irrevocably inserted itself. Welcome to the big leagues. Bitcoin is…

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