Bitcoin Mining Difficulty Hits All-Time High as Delayed ASIC Shipments Come Online
The adjustment, spurred forth by fleets of newly booted ASICs, could be a harbinger of even larger difficulty increases in the coming year.
Bitmain's new Ethereum ASIC miner will be released later this year, in spite of Ethereum's pending switch to proof-of-stake.
The Canadian firm is the latest of many North American companies to chase Bitcoin's hashrate with new machine purchases.
The deal brings Core Scientific's ASIC fleet to just over 188,000.
North America has miners and an abundance of energy but it's lacking one ingredient for a true mining boom: an ASIC manufacturer close to home.
Marathon’s ASIC spending spree is one of many, and it could signal that bitcoin’s hashrate will hit new highs still this year.