Bitcoin mining difficulty has rebounded to a new high after a brief weather-related decline, indicating that despite Bitcoin's price consolidating around $63,000, miner participation is still increasing and the network remains resilient. This rebound demonstrates ongoing capital investment and operational strength in the mining ecosystem, but the rising difficulty also raises production costs. If Bitcoin prices continue to fluctuate within this range, less efficient miners may face pressure.
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Bitcoin mining difficulty has rebounded to a new high after a brief weather-related decline, indicating that despite Bitcoin's price consolidating around $63,000, miner participation is still increasing and the network remains resilient. This rebound demonstrates ongoing capital investment and operational strength in the mining ecosystem, but the rising difficulty also raises production costs. If Bitcoin prices continue to fluctuate within this range, less efficient miners may face pressure.