The rising mining difficulty has forced miners to keep buying new and more powerful mining equipment.
Not exact matches
As
difficulty and hash rates continue to
rise, cryptocurrency
mining offers the promise of spoils for those who persevere.
So much so that despite one of the worst cryptocurrency market corrections to date, the
difficulty of
mining has continued to
rise.
You won't see the supply entirely
mined during this century, however, due to an impending series of «halvenings» and
rising difficulty.
However, increased
mining difficulty means that it is harder to increase the supply of the cryptocurrency, which, when compared to
rising demand, may cause an upward movement in the price of the cryptocurrency.