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Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge

Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge
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On March 24, 2023, Bitcoin’s difficulty is anticipated to increase once more following two consecutive increases. The network’s hashrate remains above the 300 exahash per second (EH/s) range, and the estimated difficulty change for Friday, March 24, is anticipated to be between 2.51% and 5.7% higher than the current 43.55 trillion. With 97.22 EH/s, or 30.31% of the global hashrate, Foundry USA is currently the leading bitcoin mining pool. Foundry, Antpool, F2pool, Binance Pool, and Viabtc are the top five bitcoin mining pools, controlling 84.52% of the market.

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Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge
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Name Price24H (%)
Bitcoin(BTC)
$61,076.21
3.10%
Ethereum(ETH)
$2,718.08
2.12%
Tether USDt(USDT)
$1.00
-0.03%
BNB(BNB)
$526.81
1.65%
Solana(SOL)
$144.83
0.13%
XRP(XRP)
$0.58
2.47%
Dogecoin(DOGE)
$0.106019
1.42%
Cardano(ADA)
$0.341013
1.35%
TRON(TRX)
$0.129433
2.78%
Shiba Inu(SHIB)
$0.000014
0.90%
Polkadot(DOT)
$4.53
0.01%
Litecoin(LTC)
$63.92
3.41%
Polygon(MATIC)
$0.421311
0.42%
Monero(XMR)
$150.29
0.29%
OKB(OKB)
$37.00
0.68%
ApeCoin(APE)
$0.60
-0.36%
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