According to blockchain tracker CloverPool, Bitcoin’s mining difficulty has set a new record at 100 trillion on block 868,896, surpassing the previous high of 95.7 trillion recorded two weeks ago.
This increase highlights heightened miner activity, likely spurred by Bitcoin's rising value. Higher mining difficulty, however, makes the process more energy-intensive and costly, potentially affecting miners' profitability.
Bitcoin dominance is rising after breaking the trendline, making altcoins drop. If tomorrow's candle weekly closes above this trendline, it could mean more trouble for altcoins..
What do you think.. Will dominance continue to rise ?
Satoshi-Era Bitcoin Wallet Makes Another Major Move, Binance Adds Two Hot New Pairs for Major Coins, Investing $1,000 in BTC 14 Years Ago Would Have Brought Massive Fortune
Ripple co-founder Chris Larsen has sent $1 million in $XRP to the Future Forward political action committee, which supports Democratic presidential candidate Kamala Harris.