Significant 15% Increase in Bitcoin Mining Difficulty

The mining difficulty of Bitcoin (BTC), a digital asset, increased to 144.4 trillion (T) on the 20th. As of the 19th, it was at 125.86T, marking a significant increase of 14.7%. It was noted that Bitcoin's hash rate had temporarily decreased due to the impact of winter storms in the United States, but it has been on an upward trend recently. Related: Bitcoin hash rate sees largest drop since 2021 due to US winter storms. The mining difficulty of Bitcoin is set to maintain the mechanism where one block is produced every 10 minutes. Adjustments are made approximately every two weeks, for instance, due to intensified competition among miners...