The mining difficulty is now at levels not seen since...
Ever!
(Source:
)https://twitter.com/btcmrkts/status/1134474198695514112
- btcmrkts
What does this mean?
It is getting more and more expensive to mine bitcoin, which is probably a good thing.
Though it depends on how you look at it.
I am of the opinion the ideal situation is where miners can only eek out a very small profit for mining.
Otherwise I feel like they would be dumping heavily to lock in profits.
