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Bitcoin mining complexity has hit an all-time high

On January 6, 2024, the bitcoin mining difficulty updated its historical maximum and reached the mark of 73.2 T. The figure grew by 1.65%, according to BTC.com.

At the time of writing, the hash rate is 511.38 EH/s. The past change in the indicators occurred on December 23, 2023, when the complexity of mining reached 72.01 T. The hashrate then amounted to 540.44 EH/s.

It is worth noting that the increase in the complexity of bitcoin mining brings the date of halving of the first cryptocurrency closer. Under certain conditions, it may occur in April 2024.

The next change in the complexity of bitcoin-mining, presumably, will occur on January 20, 2024. According to available data, the indicator may decrease by 3.05%.

Recall that since October 2023, bitcoin miners began to actively reduce the stock of the first cryptocurrency. Some analysts believe that this may affect the price of the asset.