Amid new all-time highs in price and block rewards, the Bitcoin bull run of 2023–2024 continues.
Bitcoin mining difficulty reached a new historical high of 83.95 trillion hashes on March 14.
The new difficulty high was set on the same day as a new all-time-high Bitcoin (BTC) price of $73,835 amid increased investor sentiment ahead of the April Bitcoin halving.
Mining difficulty is a measure of how difficult it is to “mine” Bitcoin by solving cryptographic puzzles that increase or decrease in challenge based on the number of miners on the network.
