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Here’s How Bitcoin Prices Could be Affected as BTC Mining Difficulty Hits New Record

“Over the long-run, miners deal with rising difficulty levels by upgrading the equipment and/or pursuing other cost rationalization measures (e.g. seeking cheaper electricity cost, etc). Historically, when you average it out, BTC price showed no meaningful correlation with this particular variable,” Chung said.

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Shaurya Malwa

https://www.coindesk.com/markets/2024/09/12/mining-new-bitcoin-is-more-difficult-than-ever-heres-how-it-could-impact-btc-prices/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-09-12 12:03:47

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