strong buy
Bitcoin Mining Difficulty Hits Record High at 126.98 T
The difficulty of Bitcoin mining has increased by 4.38% to 126.98 T, reaching a historic high, according to BTC.com data, at block height 899,136 (Beijing time today at 08:01:30). The current network's average hash rate over the past week is approximately 921.04 EH/s.
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AI Analysis
The recent adjustment in Bitcoin's mining difficulty to a new record of 126.98 T indicates a significant increase in the computational effort required to mine new blocks. This adjustment occurs approx...
AI Recommendation
Given this increase in mining difficulty, investors should monitor Bitcoin's price movements for signs of strength or weakness. If the price remains steady or rises, the high difficulty and hash rate ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.