The Future of Payroll: How Bitcoin Mining Difficulty Shapes Crypto Salary Solutions
With Bitcoin mining difficulty reaching historic peaks, small fintech startups are left scrambling to understand the implications for crypto payroll solutions. This spike not only inflates operational costs but also brings a level of volatility that could threaten timely salary payments. Let’s break down how this impacts the future of payroll, the role of stablecoins in stabilizing payments, and the inventive measures startups can take to weather this evolving storm.
What’s Going On with Bitcoin Mining Difficulty?
Bitcoin mining difficulty is a crucial marker that tells us how hard it is to uncover a new block on the blockchain. Right now, we are staring down a mining difficulty of 150.84 trillion, which is a record high. This number…