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Home»ETHEREUM NEWS»BTC hits an all-time high. So why aren’t Bitcoin miners also seeing explosive growth?
ETHEREUM NEWS

BTC hits an all-time high. So why aren’t Bitcoin miners also seeing explosive growth?

By Crypto FlexsMarch 5, 20241 Min Read
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BTC hits an all-time high.  So why aren’t Bitcoin miners also seeing explosive growth?
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Bitcoin has soared since the last halving in May 2020, and miners have joined in. There were not many large-scale miners at the time. But this time, the market is crowded with large-scale miners competing for the Bitcoin reward, which is being cut from 6.25 Bitcoin to 3.125 Bitcoin. Additionally, the difficulty of block mining has risen to an all-time high, making things even more difficult after the halving.

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