Bhutan to upgrade bitcoin mining in Himalayas as ‘halving’ looms

The Bitcoin rally, which saw a 140% increase over the past year, has provided a significant boost to companies in the industry, enabling them to invest in new hardware and expand their capacity. As of early Friday in Sydney, Bitcoin's value reached $68,581. However, this surge in price has led to increased mining difficulty, requiring more computing power to process transactions and add new blocks to the blockchain.