With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a L...
Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate has been a bit more volatile dropping from 217 exahash per second (EH/s) on April 1, to today’s 175 EH/s. Since Thursday, It Has Never Been More Difficult to Find a Bitcoin Block, Difficulty Adjusts 4.31% Higher Bitcoin has hit yet another milestone this week, as the....
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After bitcoin prices took a hit following Tesla’s recent u-turn, Bitcoin’s mining difficulty jumped over 25 trillion, the highest the metric has seen during the protocol’s lifetime. The mining difficulty spike follows the recent 12% difficulty drop the network experienced two weeks ago. Bitcoin’s Mining Difficulty Jumps to 25 Trillion, Could Hit 30 Trillion in Two Weeks After some issues with the Xinjiang grid in China three weeks ago, the overall SHA256 hashrate used by the Bitcoin (BTC) network dropped considerably. This in turn caused the BTC network’s....
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,....
Bitcoin’s mining difficulty reached a new all-time high at block height 753,984 from 30.97 trillion hashes to 32.05 trillion hashes. After two difficulty increases during the past month, the network’s mining difficulty jumped another 3.45% higher on September 13.
Bitcoin’s Difficulty Reaches 32 Trillion
The leading cryptocurrency by market capitalization, bitcoin (BTC), is now a lot more difficult to mine. In fact, on Tuesday, September 13, 2022, the network difficulty tapped an all-time high at 32.05 trillion. Roughly two weeks or 2,016....
During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise, as Bitcoin’s mining difficulty has adjusted upward nine times in a row to date and it’s closing in on the network difficulty ATH recorded six months ago. Bitcoin’s Mining Difficulty Approaches Lifetime High Bitcoin’s mining difficulty is approaching the all-time high recorded on May 13, 2021. The network’s difficulty is....
Data shows the Bitcoin mining difficulty has set a new all-time high recently, here’s what it may mean for the market. Bitcoin Mining Difficulty Has Made A New All-Time High According to the latest weekly report from Arcane Research, while BTC’s price has continued to struggle, the mining difficulty has seen growth and hit a […]