Bitcoin mining difficulty rose 10%, hits new ATH

2023-1-16 11:00

Bitcoin (BTC) mining difficulty rose 10% to a new all-time high of 37.59 T from 34.09 T on Jan. 15

The difficulty increase is the largest seen since October 2022, according to Bitrawr data.

Source: Glassnode

The significant rise on Jan. 15 exceeded almost all of the network’s difficulty increases in 2022 — only surpassed in October 2022 when mining difficulty jumped 13.55%.

Mining difficulty describes how difficult it gets to solve the cryptographic puzzle necessary to create a block on the Bitcoin network and adjusts every two weeks (2,016 blocks).

Since the blockchain’s last difficulty adjustment on Jan. 3, BTC’s price surged 27% to trade above $21,000 for the first time since FTX collapsed in early November 2022. Several analysts suggested that the uptick meant bullish momentum was returning to the flagship digital asset after the record low it traded in 2022.

The next mining difficulty change is expected to occur between Jan. 27 and Jan. 29 and will likely rise by as much as 25%, according to Bitrawr.

The post Bitcoin mining difficulty rose 10%, hits new ATH appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

difficulty new bitcoin mining rose ath hits

difficulty new → Результатов: 126


Фото:

Riddle&Code onboarding industries to Web3 via a new path of digitalization for industrial companies with its evolved purpose

One of Austria’s most successful young startups, Riddle&Code, is pioneering a new strategy for industrial digitalization by introducing traditional businesses to Web3. The difficulty many manufacturing firms have in adapting to the new standards and navigating the Web3 universe has delayed their foray into promising new business models.

2022-11-3 00:35