The difficulty of Bitcoin mining soared by 7.6%, reaching a record high. This news was like an ore buried deep in the ground being unearthed by miners, causing a huge sensation. A large number of miners are returning and preparing to restart their mining equipment. What profound impact will this series of changes have on the cryptocurrency market?

In this digital age, Bitcoin is no longer an unfamiliar term. It is like a mysterious digital treasure, attracting countless brave miners to dig out it. As the difficulty of Bitcoin mining soars, the craze for digital currency becomes more and more fierce. Let us uncover the mystery of this digital world together.

The mining difficulty of Bitcoin has always been one of the focuses of market attention. It not only reflects the security and stability of the Bitcoin network, but also directly affects the income and participation of miners. This surge in difficulty has reached a record high, which can be called a major event in the Bitcoin market. When a large number of miners return and restart their mining equipment, it not only means their confidence in the market, but also indicates a possible surge in the price of Bitcoin.

The price of Bitcoin has been volatile over the past few years, sometimes soaring and sometimes plummeting, and this wild price swing has kept many investors away. However, the surge in Bitcoin mining difficulty and the return of a large number of miners may inject new vitality into the Bitcoin market and drive the market to a new level. It’s like a digital version of the gold rush. Miners are willing to take risks and invest more energy and resources for that rare harvest.

In this world of digital currency, competition is becoming increasingly fierce, and every miner is working hard to find the next Bitcoin mine. The increase in mining difficulty means that mining Bitcoin becomes more difficult and requires more computing power and resources. However, it is this difficulty that has inspired miners to have a stronger sense of competition, making them unwilling to lag behind and working hard to improve their technology and equipment to meet greater challenges.

In this era of challenges and opportunities, Bitcoin’s future is filled with endless possibilities. As the difficulty of mining continues to increase, miners will face more tests, but they will also usher in more opportunities. No one can predict how the Bitcoin market will develop in the future. Only by constantly learning and adapting can we remain invincible in this digital world.

The surge in Bitcoin mining difficulty is not just a piece of digital news, but also a signal. It tells us that the digital currency market is still full of unlimited possibilities and opportunities. The return of a large number of miners has injected new vitality and power into the market. Let us look forward to the future of Bitcoin being more exciting, and this adventure in the digital world will continue to lead us to explore unknown areas. May we all find our own wealth and opportunities in this digital age.

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Coin Circle (120Btc.com) News: Since the beginning of this year, the price of Bitcoin has increased by more than 75%. According to btc.com, Bitcoin has ushered in a mining difficulty increase of 7.56% to 46.84T at block height 782,208, setting another historical record. At a new high, the computing power of the entire network increased by 7% compared with two weeks ago, which means that a large number of miners have joined or the proportion of idle mining machines has increased.

 Bitcoin price starts this year up more than 75%

Affected by the recent collapse of U.S. banks, Bitcoin may have become a safe-haven asset for some people, with an increase of nearly 40% in two weeks. This may be the main reason for the increase in Bitcoin mining difficulty, and the price has been $16,600 since the beginning of the year. It rose more than 75%, outperforming major stock indexes and gold, becoming the best-performing asset this year. It rose 12.7% in the past week and was temporarily trading at $28,254 at the time of writing.

 Mining difficulty is raised, and the computing power of the entire network is increased

Perhaps the biggest beneficiary from this year's Bitcoin market is the miners. Data shows that their income has soared 36% in the past eight days, and miners are also taking advantage of the rising market to return to mining. According to data from BTC.com, When Bitcoin's block height was 782,208 today, the difficulty rose to 46.84.16T, an increase of 7.56% in two weeks, setting another record high.

As for the computing power, according to CoinWarz data, the current BTC network hashrate (hashrate) is 401.13EH/s. In the past week, the entire network hashrate has remained above 300EH/s, and the hashrate has increased by 7.5% in two weeks. .

 Actual income status

According to data from f2pool, the latest representative model of Bitcoin mining machine on the market is S19 X
For PHyd, based on the internationally representative 1 kilowatt hour of electricity of US$0.06, the daily income of each mining machine is approximately US$11.84. The current second-hand market price of an Antminer S19XPHyd is approximately US$9,900. It is estimated that a mining machine The return date for this period is approximately 844.5 days.