Best Crypto to Buy Now as Bitcoin Mining Difficulty Rises
Nothing seems to be getting easier for Bitcoin miners. Why? Because mining difficulty has reached an all-time high, accompanied by the dip in price of Bitcoin by 3%. And pushing the Bitcoin hashrate below 900 EH/s owing to rising operational costs, regulatory pressure, and the exit of smaller miners.
This has given birth to a worrisome situation that raises many concerns about Bitcoin’s future. It brings into question the security of the Bitcoin network and raises fears of potential 51% attacks. A reduced hashrate increases the risk of longer transaction times and higher fees.
However, smart investors won’t panic. Instead, they may seize the opportunity to capture some profits. By positioning themselves ahead of…
