While Bitcoin miners continue to pursue the last 2 million BTC into circulation, the overall network is well-positioned to attain greater resilience against vulnerabilities.
Reaffirming its position as the most resilient blockchain network against attacks, the Bitcoin network posted a new all-time high network difficulty for the second time this April, jumping from its previous all-time high of 28.587 billion to 29.794 billion and the hash rate to 223,152.
Bitcoin network difficulty.
Source: Blockchain.com
Bitcoin total hash rate.
Source: Blockchain.com
We have to highlight that after a considerable time it is the first time that the mining difficulty has increased since February. You could say that This mining difficulty describes how difficult it can be for miners to find a block reward. Since the purpose of this is to ensure that the network remains constant so that large profits can be made, it is highlighted that the mining difficulty keeps increasing at the same time the hash rate increases. Since it is the computing power of the network and it increases as the mining participants join the network.
With a higher hash rate, DAA (it is a mechanism that regulates the creation of new blocks by increasing or decreasing the complexity of their solution to match the rate) makes it more difficult for miners to find a block. In a few words, we can say that the greater difficulty of the network requires greater computational power to successfully mine a block, in this case Bitcoin (BTC).
Information Extracted from: https://cointelegraph.com/news/bitcoin-network-difficulty-breaks-into-a-new-all-time-high-of-29-794t