#BTCMiningPeak
On December 30, Bitcoin mining difficulty hit a record-breaking 109.78 trillion, reflecting a 1.16% increase at block height 876,960, according to CloverPool. This surge highlights how competitive mining has become, with more miners joining the network and pushing its resilience to new heights.
But what does this mean for Bitcoin's future? As mining becomes harder, the scarcity of BTC continues to grow, potentially driving up its value. At the same time, higher difficulty may impact miner profitability, especially for those with less efficient setups. Could this lead to consolidation in the mining industry or a shift in Bitcoin’s price trajectory?
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