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Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year – Mining Bitcoin News

Summary by Ground News
Bitcoin's mining difficulty is set to exceed the 40 trillion mark for the first time this weekend. Miners will receive reduced BTC production in the next 12 days, or approximately 2,016 blocks, due to the increased mining difficulty. The mining difficulty expresses the number of iterations miners must execute to obtain the hash of a Bitcoin block.
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Bitcoinist broke the news in on Saturday, February 25, 2023.
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