Bitcoin mining difficulty reaches new high

Bitcoin mining difficulty reaches new high

Just two months after the halving and subsequent difficulties, the level of difficulty in mining Bitcoin reached a historic high of 17.345 trillion.

According to the BTC.com pool, as a result of the latest adjustment, the indicator rose by 9.89%, setting a new record. At the same time, the hash of the network at the time of publication is approximately 124.29 EH / s. The quick recovery of activity indicators actually made unfounded the fears of some experts about the gradual attenuation of mining and miners’ departure due to losses.

Noticeable positive changes began in June, when after another recount of complexity, it jumped by 14.95%, almost completely leveling the previous falls. Since the growth of this indicator directly affects the security of the cryptocurrency network, the positive dynamics is positive news for investors.

However, a significant increase in complexity also affects the profitability of production, which is why some miners can start selling more MTCs again than usual, putting pressure on the market.

, Shutterstock, schedule: BTC.com

Bitcoin mining difficulty reaches new high

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