Bitcoin Mining Difficulty Decreases for First Time in Almost Two Years
The difficulty of Bitcoin mining has decreased, for the first time since December 2012, by .62%. For 20 months now, the difficulty has steadily risen to cope with added hashpower from large mining outfits like Ghash.io. But now, though not for the first time, difficulty has decreased. Also read: Judge Considers Allowing Butterfly Labs to Reopen. Security Intact. Speculation aside, it is important to note that at the network's current hash rate of roughly 294 million GH/s, security is not in danger. According to Blockchain.info, this time last year the network totaled just 6 million GH/s,....
Related News
The difficulty adjustment for Bitcoin mining posted its first negative adjustment for 2021, dropping 1.5%. For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of 6 consecutive positive difficulty adjustments, in which the mining difficulty and hash rate hit all-time highs. The average hashrate over the past two weeks fell to 197.19 exahashes per second (EH/s), and the average block time exceeded the 10-minute target, at 10 minutes 09 seconds. As a result of the difficulty adjustment, miners....
The opportunity in Bitcoin mining has never looked better, and the U.S. has the infrastructure to take the chance. In the last few weeks, the Bitcoin (BTC) mining market has experienced a black swan event, leading to a lot of uncertainty and confusion surrounding the future of the market. This is why I felt it was right to give the public a quick update and explain why it's a fantastic time for Bitcoin mining in the United States.Bitcoin miners are rewarded Bitcoin for securing the network and for each block they mine. As more miners participate, the difficulty rate increases and the....
Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining difficulty’s all-time high (ATH) that took place on September 13. Bitcoin Difficulty Slides 2.14% Bitcoin miners caught a break this week after the network’s mining difficulty slid by 2.14% on Tuesday evening. The difficulty is now 31.36 trillion following the 32.04 trillion ATH recorded on....
The Bitcoin mining difficulty has registered another positive adjustment today, which has led to the metric setting a new all-time high (ATH). Bitcoin Mining Difficulty Has Seen Four Consecutive Positive Changes Now The “mining difficulty” is a feature on the Bitcoin blockchain that controls how hard the miners would find it to hash blocks on […]
Data shows the Bitcoin mining difficulty has set a new all-time high after observing a 13.5% jump during the latest adjustment. Bitcoin Mining Difficulty Sees Highest Single Increase Since May 2021 According to data from BTC.com, the BTC mining difficulty now has a value of 35.61T after the adjustment today, marking a new ATH. An […]