Bitcoin Mining Difficulty Reaches Record High
- Bitcoin mining difficulty has hit an all-time high of 110.45 trillion.
- This marks the eighth consecutive positive adjustment in difficulty.
- The difficulty adjustment occurs every 2,016 blocks to maintain a 10-minute block time.
- MARA Holdings has issued convertible bonds to purchase bitcoin.
- The current hashrate is at a strong level of 775 EH/s on a 7-day moving average.
The Bitcoin ecosystem continues to evolve with mining difficulty reaching a new peak of 110.45 trillion, marking the eighth consecutive increase, while MARA Holdings takes strategic financial steps by issuing convertible bonds for bitcoin acquisition.