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Bitcoin Miner Squeeze Coming: Difficulty To Rise 5% To New ATH

  • The Bitcoin Difficulty is set to increase by 5% on Saturday, making it the toughest it has ever been for miners.
  • The Difficulty is a metric that adjusts every two weeks to ensure the pace at which miners complete their task remains constant.
  • The upcoming Difficulty adjustment indicates a 5.63% increase, surpassing the previous all-time high set in February.
  • The increase in Difficulty could make mining more challenging for miners, potentially resulting in a decline in Hashrate.

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