Bitcoin Difficulty Hit its Highest Level Since July Downturn

The Bitcoin network has inked its highest difficulty level in more than a month, a move that suggests mining activities on the blockchain is regaining its momentum. The network’s difficulty level is readjusted every 2 weeks or at the attainment of the 2,016 blocks and as of early this morning, the difficulty is up 7.3% and at the time of writing, it is pegged at 15.56T, atop an hashrate of 112.11 EH/s according to data from BTC.com.