Bitcoin (BTC) Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners

Bitcoin’s hashrate hit a file excessive on a seven-day transferring common of 755 EH/s final week. Hashrate is the computational energy required to mine and course of transactions on a proof-of-work blockchain. On the finish of October, hashrate surged virtually 12% in in the future, one of many largest rises year-to-date, based on Glassnode knowledge.