Key Takeaways
- Bitcoin mining difficulty reached a record 83.95 trillion on March 14.
- Daily mining rewards spiked to $78.89 million per day on March 11, surpassing the previous high.
- The upcoming Bitcoin halving in mid-April is a major driver of the current bull run, yet it remains to be seen how it will affect miners.
Bitcoin mining difficulty reached a historical peak of 83.95 trillion hashes on March 14, coinciding with a new all-time-high Bitcoin price of $73,835.
This increase in difficulty, up 5.8% from the previous 79.35 trillion, reflects the growing competition among miners.
Price and rewards surge
The Bitcoin price rally has led to a spike in daily mining rewards, hitting $78.89 million on March 11, surpassing the previous high of $74.4 million in October 2021.
