Record Mining Difficulty
On December 16, as a result of another recalculation, the mining difficulty of the first cryptocurrency increased by 4.43% - to a maximum of 108.52 T.
The average hashrate over the past two weeks was 772.2 EH / s, and the interval between blocks increased to more than 11 minutes. This signals a potential reduction in complexity during the next adjustment.
According to the Hashrate Index, the hash price against the background of Bitcoin reaching ATH rose to $ 65 per PH per day, but after the correction fell to $ 57.
It also became known during the week that the Chinese supplier of smart equipment and transaction services for the auto industry Cango took third place in hashrate among Bitcoin miners.
The company's computing power is estimated at 32 EH/s, which are generated by Bitmain's Antminer S19 XP ASIC devices, acquired in November for $256 million.
Cango plans to add another 18 EH/s from Golden TechGen Limited in exchange for $144 million in CANG shares. This will raise the company's total hashrate to 50 EH/s.
In parallel, the miner MARA Holdings acquired 15,574 BTC for a total of $1.53 billion at an average price of ~$98,529 per coin. The company used funds raised during the placement of convertible bonds in November and December.#2024withBinance #2024Crypto
