Bitcoin Network Difficulty Hits Biggest Increase Since 2021
Despite the price slump, the Bitcoin network’s mining difficulty surged ~15%, marking the largest spike in years. This increase reflects a recovering hash rate, now nearing 1 zettahash/sec, and suggests growing competition among miners — even as mining margins stay tight.
Major Miner Bitdeer Dumps Entire Bitcoin Treasury
Crypto mining giant Bitdeer Technologies sold all its Bitcoin holdings as mining margins tighten and price pressure mounts. This aggressive move highlights stress on miner revenue models and sets an important precedent for other large-scale operators.
