Bitcoin Mining Difficulty Hits 100 Trillion For First Time As Key On-Chain Metric Turns Bullish — Is $120,000 Nigh?

CAT November 7, 2024 1 min read

Brenda Ngari

The mining difficulty spiked 6% to an all-time high of 101.65 trillion amid a record hash rate for the network.

Go here to Read this Fast! Bitcoin Mining Difficulty Hits 100 Trillion For First Time As Key On-Chain Metric Turns Bullish — Is $120,000 Nigh?

Originally appeared here:
Bitcoin Mining Difficulty Hits 100 Trillion For First Time As Key On-Chain Metric Turns Bullish — Is $120,000 Nigh?

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

Ex-Binance employee sues exchange after whistleblower bribery claim

Hong Kong’s HKMA launches grant to accelerate bond tokenization adoption

Bitcoin ETFs lagged behind Ether ETFs ahead of Thanksgiving

You may have missed

B&H’s Black Friday sale includes 196 noteworthy Apple deals

Tesla’s humanoid robot ‘got a new hand for Black Friday’

Black Friday subscription deals 2024: The best sales on Disney+, MasterClass, Audible, Max and others

Google Pixel Black Friday deals include a $100 discount on the Pixel 8a