Bitcoin mining is entering a new critical phase 🚨
📈 Maximum difficulty, minimum decentralization
Key summary:
• 🔧 Record difficulty: The network reached 142.3 trillion, marking the biggest technical challenge to add blocks.
• ⚡ Surging hashrate: More than 1.1 trillion hashes per second, reflecting a massive influx of computational power.
• 🏢 Increasing centralization: Small miners and public companies are being displaced by governments and energy providers with access to free or integrated energy.
• 🌍 Concrete examples: Bhutan, Pakistan, and El Salvador are already mining Bitcoin with surplus energy. Texas uses mining to balance its electrical grid.