Bitcoin’s Mining Difficulty Skyrockets by 7.33%, Setting New Record for 2024
Submitted by Anonymous (not verified) on Fri, 02/02/2024 - 19:00

A recent report released by the US Energy Information Administration (EIA) has brought to light the substantial electricity consumption associated

The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.


The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).
The European Union published a report on Bitcoin and the BTC mining industry and its potential implications for three key sectors.

On-chain data shows the Bitcoin mining hashrate has seen a strong rebound off its recent lows and has just set a new all-time high (ATH).
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