Bitcoin Mining Difficulty Zooms to All-Time High, But BTC Price Moves Faster

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Bitcoin Mining Difficulty Zooms to All-Time High, But BTC Price Moves Faster

After the Bitcoin (BTC) mining difficulty jumped sharply today, mining has become 20% more difficult than right before the third BTC halving in May. However, in the same period of time, the price of the most popular cryptocurrency rallied by 27%, saving miners’ profit margins. On Sunday morning (UTC time), mining difficulty, or the measure of how hard it is to compete for  Read more »
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