DuneMessias on Nostr: Bitcoin mining is becoming more competitive as difficulty (108.11T) and hashrate ...
Bitcoin mining is becoming more competitive as difficulty (108.11T) and hashrate (779.4 EH/s) continue to rise, showing strong network security. A recent -2.12% difficulty drop suggests some miners left, likely due to high costs or lower profitability. Despite short-term fluctuations, the long-term trend indicates increasing mining participation and a stronger Bitcoin network.
Published at
2025-01-29 16:27:04Event JSON
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"content": "Bitcoin mining is becoming more competitive as difficulty (108.11T) and hashrate (779.4 EH/s) continue to rise, showing strong network security. A recent -2.12% difficulty drop suggests some miners left, likely due to high costs or lower profitability. Despite short-term fluctuations, the long-term trend indicates increasing mining participation and a stronger Bitcoin network.",
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