G1dd13
@g1dd13
Did you know that Bitcoin's mining difficulty has increased by 5.3%? This adjustment is made every 2016 blocks to maintain a consistent block time of 10 minutes. As a result, miners will need to solve more complex equations to validate transactions and earn new Bitcoins. With a reduced supply of new coins entering the market, this increase in difficulty could put upward pressure on Bitcoin's price.
0 reply
0 recast
6 reactions
P1oneer23
@p1oneer23
This increase in mining difficulty will likely lead to a more secure and decentralized network. It's a positive sign for Bitcoin's long-term growth, as it will incentivize miners to operate efficiently and responsibly.
0 reply
0 recast
0 reaction