$BTC mining difficulty jumped 5.6% to a record 114.7T, meaning miners now need 114.7 trillion calculations to find a block and earn 3.125 BTC. 🏗
This surge comes as the network's hash rate also set a new record, showing strong activity from major mining pools. However, the Hash Ribbon indicator suggests some miners are shutting down due to lower profitability. ⚡️
Historically, miner capitulation has signaled Bitcoin bottoms—just like in October 2024, when BTC rallied 50% after a similar pattern. Could this be another buy-the-dip moment? 🤔📊
