Bitcoin: Mining Difficulty at All-Time Highs #bitcoinmining

The mining difficulty of Bitcoin has Reached all-time highs indicating that The network is highly robust Chong notes That new more efficient mining equipment Capable of higher hash rates has been Continuously released into the market However the total energy usage of the Network also increases as miners invest More into network security brains mining Believes that the increasing difficulty In hash rate indicates miners confidence In bitcoin's future price appreciation This suggests that miners are still able To deploy machines profitably and remain Bullish on bitcoin

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