Bitcoin mining difficulty sees biggest increase in five years
Bitcoin mining difficulty has risen by 14.7%, marking the most significant increase in the past five years. Meanwhile, US-based mining equipment that was previously shut down due to weather conditions has resumed operations, and the share of American miners in the global hash rate remains near historic highs.
These developments indicate a recovery in the US mining industry, contributing to the stability of the Bitcoin network. The increased mining difficulty also reflects heightened competition among miners worldwide.
This trend may encourage further investments in mining hardware and enhance the security of the Bitcoin network going forward.
