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Bitcoin Mining Difficulty Jumps 5.92%

On Friday, at block height 971712, Bitcoin mining difficulty increased by 5.92% to 140.58 trillion, marking its highest reading since March 5. This is the third-largest increase of the year and follows a summer recovery. The increase coincided with a price spike, leading to better revenue for miners. The improved revenue environment encouraged greater miner participation, propelling Bitcoin's total network hashrate back above 1,000 exahash per second (EH/s).

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