Bitcoin Mining Difficulty Skyrockets 13% After Highest Increase Since May 2021

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Bitcoin Mining Difficulty Skyrockets 13% After Highest Increase Since May 2021
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This is the highest increase in the BTC mining difficulty since May of last year.

The latest pre-programmed bitcoin mining difficulty adjustment increased the metric by levels not seen in over a year to a new all-time high.Highest Mining Difficulty Increase in 17 Months

slightly by just over 2%. Hours ago, though, the network experienced its largest difficulty increase since May 2021 of 13.55%. Both metrics increasing at the same time means that more and more miners are putting their computational devices to work on the world’s largest blockchain, making it more secure.by the ongoing bear market, with some even filing for bankruptcy, it seems as if the overall number has been increasing.

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