Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Th...
As expected, Bitcoin’s mining difficulty increased this week jumping 6.03% higher on July 31. The change marks the first increase out of five difficulty adjustment changes. This was after four downward difficulty drops made it 54% easier to mine bitcoin than it was prior to mid-May. Bitcoin’s Mining Difficulty Increases 6%, Difficulty Is Expected to Increase Again in 11 Days On July 31, at block height 693,504, the Bitcoin blockchain’s difficulty adjusts itself depending on how much hashpower is dedicated to the network. The more hashrate dedicated to the BTC chain, the....
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....
On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June 22.
It’s Now 11.39% Easier to Find a Bitcoin Block Since the Difficulty’s All-Time High on May 10
Bitcoin miners caught a break this week as the difficulty adjustment algorithm (DAA) adjusted downward for the third week in a row. The network’s difficulty is essentially measured....
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....
Bitcoin miners are celebrating the third break this year as their computational power increased due to a decrease of 1.26% in difficulty. This means that they will be able to mine more Bitcoins, and with it comes an endless supply of new coins. Miners also have another 108,160 blocks left until halving happens on or around May 3rd, 2024, which could bring some significant profits if prices keep going up. On March 03, Bitcoin’s difficulty adjustment algorithm (DAA) dropped by 0.35% and again on March 17 by 1.49%. This is the third time in 2022 that the DAA dropped by 1.26% on Thursday at a....
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to the 29.50 trillion range for the next two weeks.
Bitcoin’s Mining Difficulty Drops 2.35%
On Wednesday, June 22, at block height 741,888, Bitcoin’s mining difficulty decreased 2.35% lower than two weeks ago. At that time, the....