news 
Bitcoin Mining Difficulty Hits New Record—Could BTC Prices Follow Suit?
The cryptocurrency market is witnessing a significant surge in mining difficulty, as the Bitcoin (BTC) network reaches unprecedented heights. According to CoinWarz data, Bitcoin mining difficulty has hit a record high of 109.78 trillion, with an increase of 24% over the past 90 days and 52% within the last three months.
The mining difficulty is expected to decrease by approximately 8% in mid-January, which could have some positive implications for miners as they navigate the volatile market environment. The current hashing rate stands at 791.45 EH/s with a total of 65 mining farms participating, each with a minimum mining power of 286.33 KH/s.
The recent hike in mining difficulty is expected to have an impact on the overall performance and profitability of mining operations. The increased complexity could potentially affect not only the cost of mining but also the overall efficiency and sustainability of the process.
Source: www.crypto-news-flash.com
