Mining difficulty in Bitcoin hit a record once again. The difficulty, which exceeded the 80 trillion threshold for the first time in its history in the adjustment in February, dropped to 79 trillion in early March. However, with yesterday’s adjustment, the level was 83.9 trillion.

Along with the mining difficulty, hashrate also peaked. As it is known, the increase in hashrate both shows that more miners are included in the system and this makes the network stronger against attacks.

A lot has changed in a year

This time last year, the mining difficulty surpassed 40 trillion for the first time. In this past year, it is seen that the difficulty has more than doubled. This clearly indicates the growth and development in the mining industry. In March 2023, Bitcoin was also around $25 thousand.

Especially in this period when halving is getting nearer, mining companies want to buy new and more powerful devices to mine more blocks and earn more BTC.