Bitcoin Mining Industry is Booming as Difficulty Soars 14% to New High

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Mining difficulty on the Bitcoin network has taken its steepest upturn in almost a year, surging by over 14% to hit 9.06 trillion. Mining difficulty on the Bitcoin (BTC) network has taken its steepest upturn in almost a year, data from major Chinese mining pool BTC.com reveals.On July 9, difficulty surged by over 14% to hit 9.06 trillion (9.06 T), at an average hash rate of 64.85 EH/s — a new all-time-high in the network’s history.The last time the network posted such a sharp increase in block producing difficulty was back in late July 2018, when it soared almost 15%…
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Bitcoin Mining Industry is Booming as Difficulty Soars 14% to New High

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