Bitcoin Mining Difficulty Hits Record High, Set to Drop

Bitcoin Mining Difficulty Hits Record High, Set to Drop
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Bitcoin mining difficulty has reached an all-time high of 127.6 trillion but is projected to decline in the next adjustment. The drop could ease pressure on miners while maintaining network stability.

  • Bitcoin mining difficulty reached an all-time high of 127.6 trillion but is expected to drop by 3% in the next adjustment.
  • Average block time is currently 10 minutes and 20 seconds, slightly longer than Bitcoin's 10-minute target.
  • Mining difficulty saw a mid-year dip, falling to 116.9 trillion in early July before resuming its upward trend.
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