Bitcoin Miners Expected to Catch a Break in 2 Days, Mining Difficulty Estimat...
While Bitcoin’s hashrate has remained above the 200 exahash per second (EH/s) mark, over the last two weeks the network’s mining difficulty has been at an all-time high (ATH) at 31.25 trillion. However, after 289 blocks are mined or roughly two days from now, Bitcoin’s mining difficulty is estimated to drop 3.67% giving miners some relief after the recent difficulty ATH. Bitcoin’s Next Difficulty Change Could Give Miners a Break At the time of writing, the Bitcoin (BTC) network hashrate is around 210 to 225 EH/s after the network reached an ATH on May 2, 2022.....
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Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at 235 exahash per second (EH/s), the network is expected to see a DAA reduction of 0.51% from today’s metric.
This Week’s Bitcoin Mining Difficulty Change Is Expected to Drop Lower
On June 7, 2022, there’s one more day until the next DAA change and it’s expected to....
Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the second time in a row, making it 0.35% less difficult to find a block reward.
Bitcoin’s Mining Difficulty Drops for Second Time in a Row at Block Height 727,776
At the time of writing, the computational power behind the Bitcoin (BTC) network is....
Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior. The drop is the first mining difficulty decrease in four weeks, as the metric changed from 36.84 trillion to 36.76 trillion.
Bitcoin Miners Catch a Miniscule Break as the Network’s Difficulty Shrinks by 0.20%
Bitcoin’s mining difficulty is still extremely high in comparison to the height it was in mid-August 2022. For instance, on Aug. 17, 2022, just before the year’s third largest....
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....
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto asset’s price has shed more than 3% during the last 24 hours.
Bitcoin Difficulty Drops 1.49% at Block Height 725,760
Bitcoin’s hashrate remains high and at the time of writing, the network’s processing power is around 189.56 EH/s or 189,564,917,409,516,800,000 hashes....