WHAT IS THE RELATIONSHIP BETWEEN MINING DIFFICULTY AND BTC PRICE?

What is the relationship between mining difficulty and BTC price?

Mining difficulty measures how hard it is to find a new block in the Bitcoin network. It's automatically adjusted every 2,016 blocks (roughly every two weeks) to ensure consistent block production. There's a nuanced but important relationship between BTC price and mining difficulty. As BTC price rises, mining becomes more profitable, encouraging m

read more