Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitcoin network mining difficulty has risen 40% this year

Bitcoin network mining difficulty has risen 40% this year

CointimeCointime2024/12/17 05:00
By:Cointime

difficulty of Bitcoin mining on the network has been increased by 4.43%, reaching 108.52 T, a new high. This is the sixth consecutive increase in mining difficulty and the 26th adjustment this year. According to Cloverpool data, the total mining difficulty of the Bitcoin network has increased by 40% in just this year. According to CryptoQuant data, the average network hash rate has been above 800 EH/s in the past month.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

MSTR to enter Nasdaq 100? We’ll know soon.

A Nasdaq spokesperson told me changes to the index would be announced tonight at 8 pm ET

Blockworks2024/12/18 09:33

Bitwise launches solana staking ETP in Europe as US applications linger

Bitwise signaled its plans to list a solana ETF in the US less than a month ago

Blockworks2024/12/18 09:33

Ex-Grayscale CEO shifts focus to tokenization

Michael Sonnenshein thinks bringing RWAs onchain “is one of the most exciting frontiers in the broader blockchain and digital assets space”

Blockworks2024/12/18 09:23

Crypto Hiring: Securitize, Galaxy, Hashdex add leaders

In case you missed it, Grayscale’s former CEO wants to help shape the tokenization segment

Blockworks2024/12/18 09:23