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Bitcoin Network Adjusts: Mining Difficulty Rises 0.12% to 52.39 Trillion
10.8.2023
Bitcoin miners saw a slight increase in mining difficulty on August 9, 2023, at block height 802,368, as the difficulty rose 0.12% from 52.32 trillion to 52.39 trillion. Over the last 2,016 blocks, miners recorded an average hashrate of about 376.5 exahash per second (EH/s). Miners Experience...
Bitcoin Mining in July: $844.56 Million in Revenue, Dominance of Top Pools, and Fluctuating Difficulty Levels
1.8.2023
As per the data compiled for the month of July, bitcoin miners discovered a total of 4,366 blocks, collectively accruing approximately $844.56 million in block rewards and fees. This figure marks an estimated increase of $60.8 million from the previous month. July’s Bitcoin Mining Landscape:...
Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
31.7.2023
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $1 threshold for each...
Bitcoin Network’s High Difficulty Levels Poised to Ease Amid Longer Block Intervals
24.7.2023
Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been lagging behind their typical ten-minute average...
Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week
24.7.2023
Bitcoin begins to fulfil traders' downside targets as BTC price action retraces its steps in a crucial macro week
Bitcoin miners still bullish despite toughest bear market yet - Hut8, Foundry, Braiins
21.7.2023
Bitcoin mining firms have been forced to sell newly minted Bitcoin to cover operational costs during one of the toughest bear markets for miners on record
Bitcoin Price Prediction: Government Transfers $300M Worth of Bitcoin, Mining Difficulty Hits All-Time High
13.7.2023
Bitcoin, the world's largest cryptocurrency, has recently seen a decrease in value, currently trading at $30,330, a drop of 1.07% as of Thursday.
With the government reportedly transferring approximately 10,000 Bitcoin, equivalent to over $300 million, investor sentiment seems to be affected. ...
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
12.7.2023
In recent weeks BTC miners sent a record amount of Bitcoin to exchanges right as the network’s difficulty metric hit a new all-time high
Bitcoin Mining Difficulty Set to Surge: Record-Breaking Increase Looms, Erasing Recent Reduction
10.7.2023
According to data recorded on July 9, 2023, Bitcoin’s next difficulty adjustment is estimated to rise between 4.74% and 7.7%, erasing the 3.26% reduction that occurred on June 28. Moreover, the total network hashrate achieved a 24-hour all-time high on July 8, reaching 538 exahash per second...
June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags
2.7.2023
Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached an all-time high in hashrate on June 11, and three days...
Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead
29.6.2023
On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June 14. Bitcoin Mining Gets a Breather: Difficulty...
Bitcoin Network Gears Up for Fourth Surge in Mining Difficulty Amid Record Highs and Unwavering Miners
19.6.2023
The Bitcoin network has witnessed a consecutive surge in mining difficulty during the past three retargets, and now a fourth increase is slated for June 27, 2023. The block generation time, averaging less than ten minutes, indicates that the difficulty is projected to climb by an estimated 2.1%...
Bitcoin Mining Difficulty Reaches Unprecedented Highs Amidst Challenging Market Conditions
14.6.2023
On Wednesday, June 14, 2023, at block height 794,304, the Bitcoin network recorded its third consecutive mining difficulty increase since May 18. The mining difficulty climbed by 2.18%, bringing the overall difficulty to another unprecedented high at 52.35 trillion. Bitcoin Mining Difficulty Hits...
Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion
31.5.2023
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion. Bitcoin Mining...
Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping
30.5.2023
The difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue
Mining difficulty passes 50 trillion — 5 things to know in Bitcoin this week
29.5.2023
Bitcoin fundamentals are blasting ahead as May comes to an end, while traders remain torn over BTC price strength
Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
26.5.2023
Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%. Bitcoin’s Difficulty Nears 50 Trillion Milestone Bitcoin’s mining difficulty...
BTC Adoption on the Rise? Bitcoin Price Prediction as Mining Difficulty Reaches New All-Time High
25.5.2023
The Bitcoin price has dropped by 1.5% today, falling to $26,244 as the cryptocurrency market continues to teeter in the face of a possible US debt default.
BTC's current price represents a 4% loss in a week and in the last month, although the original cryptocurrency is still up by 58% since...
Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
19.5.2023
On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...
Bitcoin Price Prediction as Bitcoin Mining Difficulty Reaches New All-Time High – BTC Adoption on the Rise?
18.5.2023
As Bitcoin mining difficulty hits an unprecedented high, the cryptocurrency's future price trajectory comes into focus.
The rising complexity of mining operations indicates a robust network and heightened interest in Bitcoin.
With mining becoming increasingly challenging, it begs the question:...