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Bitcoin Miner Squeeze Coming: Difficulty To Rise 5% To New ATH
The Bitcoin mining landscape is about to get even more challenging for miners as the difficulty adjustment is expected to rise by a whopping 5%. This significant increase is likely to put pressure on miners, forcing them to adapt or risk being squeezed out of the network.
According to data from Blockchain.com, the Hashrate has continued its upward trend, reaching new all-time highs. As shown in the chart below, the Hashrate record broke yet another ATH at 285 EH/s last month.
Source: https://bitcoinist.com/bitcoin-miner-squeeze-difficulty-to-rise-5-new-ath/
