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Bitcoin miniing activities have improved drastically over time
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[QUOTE="Lens1000, post: 208042, member: 37726"] Beginning of August 2021, the network difficulty has drastically improved as displaced miners began operations from other nations. As a result, the BTC network reached an all-time high of 26.643 trillion on Saturday. According to BTC.com, the network will continue to strengthen in the coming 12 days, reaching another all-time high with a network difficulty of 26.70 trillion. F2Pool has contributed the most to the hash rate in the last four days, mining 88 BTC blocks, followed by Poolin with 76 blocks. The average charge per transaction is around $1.58 as of yesterday, a sum that peaked at $62.78 in April 2021. Despite federal push to tighten monetary policies around cryptocurrencies, Bloomberg commodity strategist Mike McGlone believes BTC has a chance to win because investors realize its potential as a digital reserve asset. According to Cointelegraph, McGlone feels Bitcoin is in a unique position to outperform in a situation when reducing stimulus is typically seen as a negative for risk assets: According to BTC.com, the network will continue to strengthen in the coming 12 days, reaching another all-time high with a network difficulty of 26.70 trillion. The bitcoin mining power is on the increase and the miners are making huge profit now. How do you see this? [/QUOTE]
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