Bitcoin BTC $105,501.83 mining difficulty is on track to reach a new all-time high sometime around midnight UTC in a sign of increased participation by miners that makes the blockchain more secure.
The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.
Bitcoin's network hashrate hit an all-time high of over 1.2 trillion on Tuesday and remains elevated despite a drop in difficulty. The Bitcoin (BTC) mining difficulty fell to 146.7 trillion on Friday ...