I just checked the Bitcoin mining difficulty data — it increased by 15%, the largest jump since 2021. Interestingly, this happened amid a price decline; currently, BTC is trading around 73.94K with a decrease of 0.54% for the day.



Usually, when the price drops, miners turn off equipment and difficulty should decrease, but here everything is the opposite. It seems the hash rate remains high, and new miners continue to join the network. We've seen this kind of situation last in 2021.

This could mean that miners believe in a price recovery or simply that the economics of mining remain attractive despite current quotes. An interesting signal for those monitoring the health of the network.
BTC-1.67%
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