Now, with hardware and competition returning to the network, fundamental indicators are firmly in"up only" mode as August draws to a close.
This is neatly captured by difficulty — an expression of, among other things, the scale of competition among miners for block subsidies — which is due to increase by an estimated 6.8% next week., this will be the highest upward difficulty adjustment since January this year.
"Long story short is that the bear market is really crashing those with inefficient mining fleets," it continued.Back to more bullish numbers and Bitcoin's hash rate looks to be copying difficulty in a fresh push for new record highs.
Glad I have finally found this
Howw come everyonee is silent on this.
Thankss 🚀
The best thing I have found this year?
Now BTC mining is more difficult, and there is a lack of electricity this winter.
I think 🤔 Coredao_Org is in line to make this happen for sure. Core miners are you ready to lit up the crypto space?🚀 🌔
This is called bullish divergence. One word: Buy
Bitcoin on track to be burning more electricity than ever!!! 🤨
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