According to @rovercrc, Bitcoin (BTC) mining difficulty is surging, signaling intensifying hashrate competition across the network; source: @rovercrc. Bitcoin adjusts difficulty every 2016 blocks to keep average block time near 10 minutes, so a sharp rise implies fewer BTC mined per unit of hash unless price or fees increase; source: Bitcoin.org Developer Guide; source: Luxor Hashrate Index. This compresses miner revenue per TH/s, pressures margins, and can increase miner BTC sales while strengthening network security, which traders should factor into BTC and public miner equities positioning; source: Luxor Hashrate Index; source: Cambridge Centre for Alternative Finance. Monitor hashprice, network fees, and miner reserve balances to gauge near-term liquidity impacts versus longer-term security benefits; source: Luxor Hashrate Index; source: Glassnode Studio.