Bitcoin Mining Difficulty Hits New ATH.

Data from BTC.com shows that the Bitcoin mining difficulty has reached 7.46T. This figure surpasses the previous ATH of 7.45T achieved in early October 2018.

Mining difficulty directly points to the amount of mining activity going on on the network. As the number of miners increases, so does the difficulty of mining. This also means that the network is at its highest level of security as there are more miners to verify transactions rather than just a few. It makes it more difficult at this time to reverse a transaction and so the chance of a double spend is almost non-existent.

Sourse: https://bitcoinist.com/bitcoin-mining-difficulty-all-time-high-btc-price/

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