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Bitcoin Mining Difficulty Rises 7.6% To Set New All-Time High as Hashrate Jumps

Bitcoin’s mining difficulty level rose 7.56% on Friday, hitting an all-time high along with the network’s hashrate, showing miners are applying more computing power. The difficulty changes roughly every two weeks, and is a measure of how much computing power is required for mining bitcoin blocks to be rewarded with Bitcoins.

(By TIMMY SHEN)

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