Bitcoin Mining Difficulty Increases by 40% in 2024 💻
Bitcoin mining difficulty reached a new peak on Dec. 16, increasing by 4.43% to 108.52 trillion. This is the sixth consecutive increase and the 26th of the year, marking a 40% increase in total difficulty. The average network hash rate has consistently exceeded 800 exahashes per second (EH/s) over the past month, reflecting the increasing computational power dedicated to mining and the robustness of the network.
