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Cryptopolitan 2024-09-12 10:22:01

Bitcoin mining difficulty surges to peak levels, mounting pressure on profit margins

Bitcoin mining difficulty surged by 3.6% to an all-time high of 92.67 trillion from 89.47 trillion. Bitcoin’s hash rate also recently rose to peak levels of 700 EH/s but has now settled at 670 EH/s. The increased mining difficulty has significantly mounted pressure on the profit margins of the mining venture.

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