The Difficulty of Bitcoin Mining Hits a New High
Main page Technologies, Mining, Bitcoin

The difficulty of mining Bitcoin has hit a new high at around 35.61 T as a result of the latest recalculation.This is an increase of 13.55% and is the largest rise since May 2021.

The average hashrate over approximately two weeks since the previous indicator correction was 254.8 EH/s, the interval between blocks was less than 9 minutes instead of the 10 minutes expected by the protocol.

Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world

According to Glassnode analysts, the network hashrate (smoothed by the 7-day moving average) is close to the all-time high of 257.9 EH/s recorded last October 6.

Among mining pools, Foundry USA (29.34%) retains the lead in terms of hashrate share, followed by AntPool (20.67%) and F2Pool (13.78%).

Poolin, which admitted to having liquidity problems in early September, has fallen to eighth position from 2.36%.

Read also:
Please describe the error
Close