Bitcoin mining difficulty hits a new record high of 48.71T, up 63.54% in the past year
is a measure of how difficult it is for miners to find a valid hash for a block of transactions. It adjusts approximately every two weeks, or every 2,016 blocks, to maintain a stable block time of roughly 10 minutes.
A higher mining difficulty makes it more challenging for miners to mine new blocks, which in turn makes the network more secure. This increased security comes as a result of the computational power required to carry out a successful attack, which becomes increasingly difficult as mining difficulty rises.
The record high mining difficulty is a testament to the strength and resilience of the Bitcoin network, as it continues to attract more miners and investment.
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