#BTC挖矿难度创新高 CloverPool data shows that the Bitcoin mining difficulty experienced an adjustment at block height 876,960, increasing by 1.16% to 109.78T on December 30, 2024, setting a new historical high. The current average network hash rate is 781.07EH/s. The reasons for the new high in BTC mining difficulty are as follows:

Hash Rate Growth

With the rise in Bitcoin prices and advancements in mining technology, more and more miners and mining machines are joining the Bitcoin network, leading to a continuous increase in the overall network hash rate. To maintain the stable speed of generating a new block approximately every 10 minutes, the system automatically adjusts the mining difficulty; an increase in hash rate inevitably results in a rise in difficulty.

Decreasing Available Supply

The total supply of Bitcoin is limited. As the amount mined approaches the total supply, the number of Bitcoins left to mine gradually decreases, making mining competition more intense. Miners need to invest more hash rate and resources to obtain the same rewards, leading to a continuous increase in mining difficulty.

Technological Upgrades and Mining Machine Updates

The mining industry is continuously innovating and upgrading equipment, with new and more efficient mining machines emerging, such as Canaan Creative's Avalon A1566 and Bitmain's Antminer S21 series. The emergence of these mining machines has increased the overall network hash rate, subsequently pushing mining difficulty higher.

Centralization of Mining Pools

The emergence and development of large mining pools have made mining hash rate more concentrated. These mining pools possess a large number of mining machines and powerful hash rates, allowing them to gain advantages in competition and further driving up the overall mining difficulty. $BTC

Many people do not know: "Bitcoin can actually never be mined completely."
The total amount of Bitcoin is 21 million coins, which is hard-coded into the program and cannot be changed. But many people do not know that these 21 million coins can actually never be fully mined... Long, long, long

Because the mining reward halves every four years, in the end, you have to put in a lot of effort to mine just a fraction of a coin, or even less. It’s like using an anti-aircraft gun to shoot a mosquito, a lot of effort for little reward. Of course, if Bitcoin really becomes worthless one day, you can mine with an old computer. The premise is that you are the only one mining in the whole world, and everyone else has given up. What does this indicate? Many people do not actually understand the mechanism of Bitcoin. They only see the number 21 million but do not see the "trick" behind the halving mechanism. It’s like only seeing the names of dishes on the menu but not seeing how the chef in the kitchen prepares them.

The brilliance of Bitcoin lies in this "can never be fully mined" mechanism. This mechanism ensures the scarcity of Bitcoin and determines its future value.

So, instead of worrying about whether it can be mined out, it is better to think about whether this thing is actually valuable and how much it is worth. That is the key. After all, mining is just a means; the ultimate goal is to acquire value. What do you all think? @TuoDi Follow me to earn money together $BTC #BTC挖矿难度创新高 #MicroStrategy增持BTC #2025比特币价格预测

The expected weekend market did not materialize, and ultimately last night, Bitcoin (BTC) experienced a sudden drop of 2000 USD, once again causing a market crash.

1. $BTC is in a volatile market, let's see how it performs after tonight's ETF opening;

Bitcoin mining difficulty was increased by 1.16% to 109.78 T this morning, reaching a new high;

2. $ETH is following the volatility, with the exchange rate continuing to rise, performing stronger than BTC;

3. $SOL is also following the volatility, but is stronger than BTC;

4. $BNB misestimated the news, the pump was crushed back down, let's see if there are any new Launchpool announcements during the workweek;

5. Data: Hyperliquid can generate over 1 million USD in revenue almost every day;

There are only two days left in 2024, brothers, let's push harder! #BTC挖矿难度创新高 #加密市场调整

#BTC挖矿难度创新高

The difficulty of Bitcoin mining has been adjusted at block height 876,960 (2024-12-30 05:55:37), with the difficulty of mining increased by 1.16% to 109.78 T, setting a new record high. The current average computing power of the entire network is 754.42 EH/s

Let's take a look at the current BTC distribution data:
To be mined: 5.7% of Bitcoin has not been mined, about 1.19 million pieces

Satoshi wallet: 5.2% of Bitcoin is in Satoshi's original Bitcoin address

BTC ETF: 3.9% of Bitcoin is used for Bitcoin Exchange Traded Funds (ETFs)

Company holdings: 3.9% of Bitcoin is held by companies

Miners holding: 3.4% of Bitcoin is held by miners

Government holdings: 2.7% of Bitcoin is held by governments
Global retail investors holding: about 57%

Permanently lost: about 17.6%

More than 13.3 million BTCs have been dormant for more than a year, accounting for about 68.54% of the total (including permanent losses and others)

Bitcoin mining difficulty hits a new high, what impact will this have on the market? 📈

According to CloverPool data, on 2024/12/30 at a block height of 876,960, BTC mining difficulty was increased by 1.16% to 109.78T, which is a historical high! This is a significant signal for miners and the market.

What does this mean:
1️⃣ Increased pressure on miners:
An increase in difficulty means more intense competition for hash power, leading to higher mining costs for miners, which may compress profits. This could prompt some high-cost miners to choose to sell coins to cope with cash flow pressures.
2️⃣ An indicator of market confidence:
The rise in mining difficulty reflects enhanced security of the entire network and signifies stable growth in hash power, which is often seen as an indicator of market confidence in Bitcoin's long-term value.
3️⃣ Limited supply pressure:
Even if there is selling pressure from miners in the short term, Bitcoin's supply is fixed, so in the medium to long term, prices are mainly driven by demand.

BTC's next trend:
🛡️ Short term:
There may be slight fluctuations, as the increased mining costs will affect some miners' behaviors, but with lower liquidity during the year-end holidays, prices may remain volatile.
🚀 Medium to long term:
The new high in mining difficulty symbolizes market confidence, especially in the context of an upcoming halving cycle. Historical data shows a certain correlation between the continuous rise in mining difficulty and increasing prices, and the bullish market expectation for 2025 remains promising.
Brothers, what do you think? Is it short-term pressure or long-term opportunity? Let's discuss in the comments!

#BTC挖礦難度 #比特幣 #加密市場 #牛市預期
#BTC挖矿难度创新高
$BTC

Key Events Summary in the Crypto World Today 😀😀

Opensea: NFT "Gemesis" ETH trading volume exceeds ten thousand, possibly due to rumors of token issuance leading to a buying spree.

United States: Bitcoin ETF holdings exceed 100 billion, online for 50 weeks, BlackRock's IBIT stabilizes the market.

Australia: Bitcoin ATM numbers have increased for 29 consecutive months.

BlackRock: Holds 552,500 BTC, with a market value exceeding 52 billion.

Bitcoin: Mining difficulty rises to 109.78T.

People's Bank of China: Financial report involves Hong Kong crypto regulation.

ETH Situation: Changes in the proportion of long-term holders, supply decreases.

MicroStrategy: Increased holdings by approximately 192,042 BTC.

Follow to view the introduction, bull market strategy layout, sharing various passwords, taking you to learn more about hundredfold coins #BTC挖矿难度创新高

Musk directly called out the frog this time
He directly changed his profile picture to a frog. In this terrible market, Pepe shot up 7 points with just one needle.
The coins related to frogs currently on Anan and OKX are PEPE and BOME.
These are the coins that Old Vine often promotes to everyone.
Waiting for takeoff.
#2025比特币价格预测 #BTC挖矿难度创新高 #PEPE‏

Tuesday Morning Insights: The back-and-forth wash trading technique is too frequent, but the overall direction remains bearish!

Overnight, Bitcoin surged to around 95,000 and faced resistance before retreating. Currently, the market has once again pulled back to around 92,000 and is fluctuating. The rebounds are quick, and the drops are also significant; the market is experiencing sharp rises and falls. At this time, it requires determination and bravery, but Kun has never lacked these qualities. Two horizontal lines and one vertical line mean action; today’s theme remains bearish!

The rise in Bitcoin is too rapid, but it has also reached its peak because the higher it climbs, the harder it falls. The candlestick has deviated too far from the 50-day moving average; it always needs to return to its origin, which is the 50-day moving average. This is a hard truth, so the market has not reversed; instead, the back-and-forth wash trading technique continues. Today’s theme still maintains a bearish outlook!

In the early morning operations for Bitcoin, Lin Kun personally suggests shorting the price on a rebound to 93,850-94,350, with a target looking down to around 91,000-90,500!

2024.12.31 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 3348, and it is now 11 AM. The daily K-line has not yet closed. I mentioned the missed entry point before heading south the day before yesterday. Heading north has caught up with this market trend, and grabbing 100 points is already quite good. The market is expected to continue consolidating, so friends heading south above 3400 should be well-defended and carry stop-loss orders. The target remains around the 3300 support. This frustrating and patient market is most suitable for beginners. The top pressure and bottom support of the range have basically taken shape, so carrying stop-loss orders can achieve small losses with large profits.

The daily K-line reached a high of 3436 and a low of 3300. Coupled with the contraction of the EMA trend indicator, the top trend indicator pressure level has reached around 3470. Therefore, maintaining defense allows for assured holding. The MACD bottom divergence with decreasing volume has been ongoing for a long time. The DIF and DEA are still contracting within the energy indicator, and the overall trend remains a symmetrical triangle contraction. The Bollinger Bands are expanding downward, with the lower support at 3090 and the middle support at 3580.

The four-hour K-line range is the most obvious. The EMA trend indicator is contracting, with the EMA60 pressure level focusing on 3433 and lower support at 3300. The MACD is maintaining the trend of bottom divergence with decreasing volume. The DIF and DEA are just below the 0 axis and could break through the 0 axis at any time. Therefore, friends heading south above 3400 must carry stop-loss orders. If you're wrong, do not force it; if you're right, grab 100 points. If you're wrong, exit with a small loss. The Bollinger Bands are contracting, with the upper band at 3435 and the lower band support at 3315. When trading in the range, have a defense point and stop-loss point to avoid being swept out.

Short-term reference: Safety first. Remember that the market is never 100% certain, so always carry stop-loss orders. Safety first; small losses with large profits are the goal.

Northern trial entry point 3300 to 3250, defense 3200 to 3150, stop-loss 50 points, target looking at 3350 to 3400, break point looking at 3450.

Southern trial entry 3450 to 3500, defense 3550, stop-loss 50 points, target looking at 3400 to 3350, break point looking at 3300.

Don't forget, the darkest hour is often just before dawn. On the road to pursuing dreams, you are never alone; you have me #BTC挖矿难度创新高 .

🚨Asian guy steals 200 million USD in BTC!!!

I just came across this guy named Malone Lam on Douyin, has anyone heard of him? He is only 20 years old this year and stole Bitcoin worth 230 million USD, but just a few days later he ended up in prison.

He pretended to be Google customer service and called credit union customers using a fake number, successfully obtaining their personal account information. Then he impersonated Gemini customer service, telling these customers that their accounts had been hacked, and convinced the victims to transfer their Gemini funds to a controlled illegal wallet. Surprisingly, he even managed to see one victim's Bitcoin account private key through a screen sharing software called AnyDesk. He then directly transferred 4,100 Bitcoins.
What I don't understand is that he didn't even try to hide it; he and his accomplices spent over a million dollars that night at a nightclub. I also saw on X that he liked a girl and bought her many Birkin bags, but when she said she had a boyfriend, she rejected him. There are also mentions on X about them buying houses, cars, and jewelry in Los Angeles and Miami, but I haven't come across more detailed videos yet.

Currently, the most controversial thing on X is that he must be very smart to steal so much money, but the series of actions he took seem very foolish, as he got himself locked up after only a few days of luxury. Who spends a million at a nightclub on a Thursday just for fun? What does everyone think about this? Does anyone know more information?

Finally, I have carefully selected a cryptocurrency expected to multiply 2-3 times in the short term and 5-10 times in the long term: Ethereum ρꪊρρⅈꫀડ
$BTC $XRP $DOGE
#币安Alpha公布第9批项目 #MicroStrategy增持BTC #币安MegadropSOLV #2025比特币价格预测 #BTC挖矿难度创新高

🚨 New "Anti-Money Laundering Law" Effective, Cryptocurrency Sector Enters a New Era of Compliance!

Starting from January 2025, the brand new "Anti-Money Laundering Law" will officially come into effect, and virtual currency transactions will be subject to regulation for the first time. This significant change will profoundly impact the entire cryptocurrency sector, here are the key points:

1️⃣ Expanded Definition of Money Laundering Crimes
Virtual currency transactions will become the focus of anti-money laundering monitoring, and all transactions will be under strict surveillance, leaving no place for illegal funds to hide.

2️⃣ New Regulations on Wage Payments
The new law clearly states that salaries must be paid in legal tender, and the use of virtual currencies for settlement is prohibited. This means businesses and employees need to adopt payment methods that comply with regulations.

3️⃣ Increased Compliance Requirements for Platforms and Users
• Trading platforms must strengthen anti-money laundering review standards.
• For example: strict identity verification, tracking the flow of funds, ensuring the transaction process is transparent and compliant.

🔍 Industry Impact and Trends
• Individuals and businesses can still legally participate in virtual currency transactions, but must undergo strict compliance reviews.
• With the advancement of compliance, the virtual currency market will trend towards standardization, and the industry environment will be revitalized.
• Compliance will become a key competitive advantage for platforms and investors in the future.

💡 Summary:
The introduction of the new "Anti-Money Laundering Law" means the cryptocurrency sector will bid farewell to the "gray area," and future success will rely on compliant development. Individuals and businesses need to prepare in advance and seize the new opportunities brought by compliance!

Bonus: Potential Meme Coin Focus
As a concept associated with Musk, Marvin is likely to become a potential stock in the Meme coin space. If market sentiment continues to rise, small funds may tentatively position themselves in such projects, which could lead to unexpected surprises!

#MicroStrategy增持BTC #币安Alpha公布第9批项目 #2025比特币价格预测 #Marvin #BTC挖矿难度创新高 $BTC
$BNB
$ETH

BTC, today is the 31st,
Hello everyone,
It is 2 am on the 31st now,
Big funds are still more reliable than mainstream Ethereum, and you can just buy the varieties you like in the altcoin with Bitcoin. There are many varieties of altcoins, and whether they can be strong depends on the varieties. In fact, if you can understand Bitcoin, you can understand all varieties.
If you don’t have a spot position. Or if you have a 5-layer position, you can enter the spot near 3,300 Ethereum.
Even if there is an unexpected decline, it is good to make up for it near 3100 and 3000.

Large-scale logic, Bitcoin has just reached 91600 and does not break 90,000. If it does not break 90,000, it can rebound slowly. However, if it does, it must keep rising. It cannot turn around after rising to around 100,000, and it will not reach 100,000 in a short time. It cannot turn around again after reaching 100,000 and 105,000. It will still fall in the future.

Note WLD, spot, around 1.66, and the 1.6 extreme position 1.3 may not necessarily reach it if Bitcoin does not plummet. 1.3 is not available
After receiving it, you can easily make dozens of profits,

#$BTC #BTC挖矿难度创新高 #SUI、OP大额解锁 $ETH $SOL #币安MegadropSOLV #wld

$BTC Goodbye, Big Pancake! Goodbye, Ethereum!

Goodbye, to the brothers still fighting in the crypto world!

2024 is about to end, I am going to exit the circle!

I know this circle is very cruel,

It's full of tricks, bumpy and uneven,

This circle is simply not suitable for me,

In this year of 2024, I have been trading every day,

Every hour of the day, if I’m not trading, I’m watching the market,

If I’m not watching the market, I’m on the way to trade!

Every day looking at the candlestick chart, rising and falling,

It's dazzling to the eyes, my heart is turbulent, frightened to death!

I have long grown tired of this kind of life,

And I no longer want to live this kind of life!

Now, I want to wave goodbye to this cruel circle!

Goodbye, brothers! I wish you financial freedom soon!

……

2025 will be a new battle……

$BNB $SOL

#2025比特币价格预测 #BTC挖矿难度创新高 #加密ETF申请热潮涌现 #FlokiETP流动性提案通过 #币安Alpha公布第8批项目