Bitcoin miners are not giving up, showing immense confidence and working against significant network difficulty. The last difficulty hike from September 13 made it 10.38% less likely for miners to discover a block. But in the meantime, mining pools have been compensated with even more power. Competition Pushes Bitcoin Hashrate Skyward It’s expected that another double-digit growth in difficulty will take place during the Bitcoin mining re-evaluation next week if mining keeps up the currentRead MoreThe post Explosive Mining Growth Indicates High Confidence in Bitcoin (BTC) appeared first on Bitcoinist.com.
