Ethereum Mining Difficulty Exploded Over the Past Three Months

<img width=”1000″ height=”380″ src=”https://themerkle.com/wp-content/uploads/2017/07/shutterstock_668645233.jpg” class=”attachment-full size-full wp-post-image” alt=”” style=”float:left; margin:0 15px 15px 0;” srcset=”https://themerkle.com/wp-content/uploads/2017/07/shutterstock_668645233.jpg 1000w, https://themerkle.com/wp-content/uploads/2017/07/shutterstock_668645233-300×114.jpg 300w” sizes=”(max-width: 1000px) 100vw, 1000px” />The Ethereum mining difficulty has increased by leaps and bounds over the past few months. With more and more people looking to mine cryptocurrency — and Ether specifically — it is normal to see this trend emerging. Unfortunately, this does not bode well for Ethereum miners, as it will require more powerful hardware to mine every time the difficulty increases. Ethereum Mining Difficulty Reaches All-Time High The downside to any proof-of-work-based cryptocurrency system is how the mining difficulty affects the entire network. Miners provide an important service to any cryptocurrency requiring hashpower to maintain its stability. More people mining on the
Source: bitnewz
Ethereum Mining Difficulty Exploded Over the Past Three Months