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Forwarded from BitAcadie
Bitcoin mining difficulty every New Year's Eve:

2009: 1
2010: 14,500
2011: 1,160,000
2012: 2,980,000
2013: 1,180,000,000
2014: 40,600,000,000
2015: 93,400,000,000
2016: 318,000,000,000
2017: 1,870,000,000,000
2018: 5,100,000,000,000
2019: 13,000,000,000,000
2020: 18,600,000,000,000
2021: 24,300,000,000,000
2022: 35,400,000,000,000
2023: 72,000,000,000,000
2024: 110,000,000,000,000
2025: 148,000,000,000,000

It's 148 trillion times harder to mine a bitcoin block today than it was on NYE 2009.

Happy New Year 🎆

https://x.com/JavierHermosa21/status/2006386174492115087?s=20
CryptoCon

Sorry, but to say that the bottom is in here or the cycle is "just getting started" is disingenuous.

16.5k to 124k was a very good run for Bitcoin at this level of maturity.

Markets in general are overheated. There's rampant gambling (prediction markets, trading cards, precious metal price explosions).

Times like these can only last for so long.