Bitcoin Difficulty Headed Toward 4% Increase Following Hashrate Explosion
On-chain data shows the Bitcoin Difficulty is set to increase by around 4% in the coming adjustment, as a result of the increase in the Hashrate. Bitcoin Mining Difficulty Will Jump On Sunday According to data from CoinWarz, the BTC network is set to increase the Difficulty in the next adjustment. The “Difficulty” here refers […]
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Data shows the Bitcoin mining difficulty is set to see a large positive adjustment as the hashrate continues its sharp growth. Bitcoin 7-Day Mining Hashrate Continues To Discover New Highs The “mining hashrate” is an indicator that keeps track of the total amount of computing power that the miners have currently connected to the Bitcoin […]
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty is expected to increase 4.24% within the next 13 hours.
Bitcoin’s Difficulty Expected to Reach All-Time High
Bitcoin miners caught two breaks during the last month when the difficulty dropped two times in a row. The first 1.49% drop occurred at block height 725,760 on March 3, 2022,....
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase is expected to occur in less than four days. Bitcoin’s Hashrate Increases Following the Downward Difficulty Drop 10 Days Ago Bitcoin’s hashrate slipped two weeks ago on February 27, 2022, to 169 EH/s after touching an all-time high (249 EH/s) on February 15. Following the drop in processing....
Data shows the latest downwards adjustment in the Bitcoin mining difficulty has lead to the hashrate observing a bounce back up. Bitcoin Mining Hashrate Observes Surge During Last Couple Of Weeks According to the latest weekly report from Arcane Research, the hashrate has risen up following the largest decrease in the mining difficulty in one […]
Following the largest difficulty increase the Bitcoin network has seen in 2022, the network’s hashrate has not been affected by the 13.55% increase. In fact, five days ago at block height 758,138, the network’s computational power surpassed the all-time high (ATH) recorded on October 5, as it reached 325.11 exahash per second (EH/s) on October 11. Moreover, block generation intervals have been less than ten minutes per block, which means another notable difficulty increase is expected to happen on October 23. 325 EH/s — Bitcoin’s Hashrate Taps Another ATH....