Bitcoin mining difficulty and hash rate continue to increase ahead of the halving, a major industry event expected to occur in eight days.
The difficulty of mining Bitcoin (BTC) continues to grow ahead of the historic halving event, which is poised to cut miner rewards by 50%.
Bitcoin mining difficulty has experienced another adjustment before the upcoming Bitcoin halving, hitting a new all-time high of 86.4 trillion, according to data from BTC.com.
The latest adjustment, which occurred on April 10, increased the Bitcoin mining difficulty by 3.4% from the previous difficulty level of 83 trillion, which was set on March 28.