On-chain data shows the Bitcoin mining Difficulty is set to go through a sharp jump in the coming adjustment and reach a new all-time high (ATH).

Bitcoin Mining Difficulty Will Go Up Over 6% In The Next Adjustment

According to data from CoinWarz , Bitcoin mining Difficulty is heading toward a positive adjustment on Wednesday. The “ Difficulty ” here refers to a metric built into the BTC blockchain that controls how hard miners find it to mine blocks on the network.

The Difficulty is entirely controlled by the code Satoshi wrote in all those years ago, meaning that no third party has any say in how its value changes. The chain automatically adjusts the metric about every two weeks based on a simple rule that the pseudonymous Bitcoin creator established: block time must stay constant

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