Bitcoin miners faced difficulty in mining. Bitcoin mining difficulty set another record on August 22, Bitcoin mining difficulty increased by 6.17% in block height. This increase in Bitcoin mining difficulty shows that miners have to spend more energy to mine new blocks.
At the same time The hash rate of the network is still strong and just above 400 exa hash per second. On Wednesday, the blocks are produced even faster in 8 minutes and 52 seconds, which shows that the miners are in the difficulty of mining. It is expected that the next Bitcoin mining difficulty will be September 4.
By approaching the halving, Bitcoin can make mining difficult for miners or force them to record new records. Currently, when this news is being written, the price of Bitcoin is in the range of 26,000 dollars. In this regard, it should be said that if the history of the Bitcoin rate is revived, there are strong possibilities that the price of Bitcoin will increase after the halving. It goes without saying that the halving of Bitcoin will occur in the first half of 2024. Thank you for your attention to this news
