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Bitcoin Mining Difficulty Surges to New Highs: Here’s Why It Matters
- The Bitcoin mining difficulty has reached an all-time high at 101.65 trillion.
- Private miners are experiencing intense pressure due to high costs and fierce competition.
- The surge in mining difficulty is a result of increasing hashrate and intense competition.
- Smaller miners may need to sell their BTC holdings to cope with rising costs, while financially stable companies may endure.
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