Bitcoin mining difficulty hits record 65T ahead of halving, securing network further

2023-11-13 12:45

Quick Take

On Nov. 12, the Bitcoin difficulty underwent another upward adjustment of 3.5%, marking the fifth consecutive rise in a row similar to the trend observed from February to April. Now at an unprecedented 65T, the Bitcoin difficulty mirrors the continuous surge in the hash rate.

Difficulty Adjustment: (Source: Glassnode)

Over a 7-day moving average, the hash rate teeters around its all-time high at about 450 eh/s. However, when inspected daily, the hash rate has shown an even more robust performance, exceeding 500 eh/s. This consistent climb in the hash rate and difficulty underlines an increasing fortification of the Bitcoin network.

Hash Rate Adjustment: (Source: Glassnode)

As the network prepares for the halving event, these developments suggest a record level of security. The increasing difficulty and hash rate signifies a robust computing power dedicated to processing Bitcoin transactions, enhancing the network’s resistance to potential threats.

The post Bitcoin mining difficulty hits record 65T ahead of halving, securing network further appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 61795.61 (-0.59%)
Объем 24H $26.159b
Изменеия 24h: -0.98 %, 7d: 4.68 %
Cегодня L: $60790.32 - H: $62576.48
Капитализация $1217.127b Rank 1
Цена в час новости $ 36884.89 (67.54%)

difficulty bitcoin 65t observed similar row february

difficulty bitcoin → Результатов: 126


Bitcoin Hashrate Breakout Leads To Largest Difficulty Adjustment In A Year, But Why?

Data shows the recent surge in the Bitcoin hashrate has now resulted in the largest difficulty adjustment to the network in over a year. Bitcoin Mining Difficulty Spikes Up Following ATH In Hashrate According to the latest weekly report from Arcane Research, the BTC block production rate reached a value of almost 7 recently after […]

2022-10-13 22:00


Фото:

What Next Week’s Biggest Mining Difficulty Increase Since 2018 Could Mean For Bitcoin Price

Bitcoin’s mining difficulty – which is basically a measure of how hard it is to mine on the bitcoin network – is expected to experience its next adjustment in two days. According to data from blockchain research and analysis firm Coin Metrics’, the BTC mining difficulty could increase by as much as 15% during this […]

2020-6-15 23:54


Фото:

DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople

Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer.

2018-9-11 18:15