Bitcoin (BTC) mining difficulty just reached a new all-time high, increasing pressure on less efficient miners that have already started selling more BTC. Bitcoin mining difficulty, which is the measure of how hard it is to compete for mining rewards, just jumped by 9.89%, climbing above 17 T for the first time and reaching 17.35 T. Last time it increased more was in September of 2019, when it jumped by 10.38%. The difficulty is adjusted every 2,016 blocks, or around two weeks to maintain the normal 10-minute block time. Since June 30, it has been below 10 minutes, as more miners turned more powerful machines on, pushing Bitcoin hashrate, or the computational power of the network, to its new highs. As an industry insider previously told Cryptonews.com, hashrate has recently increased mainl
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