As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to R...
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,....
Related News
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....
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....
At the end of January 2021, Bitcoin’s network mining difficulty, a measure of how complicated it is to mine a block reward, is higher than it’s ever been during the crypto protocol’s lifetime. Currently, Bitcoin’s mining difficulty is a whopping 20.8 trillion but despite the handicap, bitcoin miners have continued to keep the network’s hashrate running hot. Bitcoin Difficulty Touches 20.82 Trillion Bitcoin (BTC) prices have been higher than ever before and despite the temporary dip on January 21 below the $30k handle, the crypto asset has managed to remain....
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78% epoch change on February 17.
Bitcoin Hashrate Drops From 249 Exahash per Second to 169 EH/S in 12 Days
From January 13 to February 15, Bitcoin’s hashrate was coasting along at record highs for roughly 33 consecutive days. This weekend, on Sunday, February 27, 2022, the hashrate....
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....