The difficulty of mining the largest crypto on the market has increased by 13.24% to 17.62T, according to the latest recalculation results available on BTC.com.
In particular, the difficulty of mining the benchmark cryptocurrency increased by 7.31% in mid-August, while at the end of July, the indicator rose for the first time in two months after peaking in May. Since then it has been steadily declining.
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The Bitcoin difficulty is linked to the network's hashrate, which has been rising steadily over the past month. The indicator has reached 112 EH/s, well below the May peak of 180 EH/s.
During the second quarter of 2021, the revenue of mining company BIT Mining Limited recorded a 147-fold increase.