Bitcoin mining difficulty hit a new peak of 109.78 trillion, up 1.16% in Sunday's latest revision. The hashrate also surpassed 800 EH/s for the first time, indicating the network is stable. 🚀
Despite this, miners are facing challenges due to decreasing rewards and increasing difficulty, which is squeezing their profitability. Temporary relief is provided by the rising hash price, but long-term pressures remain. ⚡