Analysis: bitcoin mining difficulty may increase further

According to Cointelegraph, Bitcoin now has more computing power than ever before, and the hash rate has reached an all-time high. According to Blockchain data, the total hash rate of the Bitcoin network reached a peak of 79TH / s per second on July 20. The computing power of the Bitcoin network is almost eight times that of Bitcoin at around $20,000 at the end of 2017. As the hash rate continues to rise, the mining difficulty of Bitcoin has recently hit a new high and may increase further.