Bitcoin sees sixth straight difficulty increase amid record-breaking hash rate surge

2023-11-26 17:01

Quick Take

Bitcoin’s network dynamics are currently going through an exciting phase, with the upcoming difficulty adjustment exceeding 5%. The difficulty adjustment continues to put in all-time highs and is now above 68T.

This makes it the sixth consecutive positive adjustment this year—a streak only previously seen from December 2021 to February 2022. The recent explosion in Bitcoin’s hash rate is a critical component behind this upward adjustment.

Bitcoin Difficulty: (Source: Glassnode)

On Nov. 19, the network recorded the highest single-day hash rate in its history. This surge in hash rate, indicating increased miner participation, and the subsequent difficulty adjustments underscore the robustness and adaptive nature of Bitcoin’s decentralized network.

Bitcoin Hash Rate: (Source: Glassnode)

The post Bitcoin sees sixth straight difficulty increase amid record-breaking hash rate surge appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 61201.54 (+0.47%)
Объем 24H $24.681b
Изменеия 24h: -1.86 %, 7d: 3.71 %
Cегодня L: $60790.32 - H: $61728.04
Капитализация $1205.418b Rank 1
Цена в час новости $ 37260.69 (64.25%)

difficulty adjustment bitcoin exceeding continues phase upcoming

Источник: cryptoslate.com

difficulty adjustment → Результатов: 126


Фото:

Bitcoin Mining Difficulty Adjusts 10% Upwards For the First Time in Months

Bitcoin continues to stabilize its network activity with a return to upward difficulty adjustments after hash rate reversed its decline last month. Bitcoin Continues To Police Itself Data from statistics resources Blockchain and Bitcoin Wisdom confirms that the Bitcoin network’s most recent difficulty adjustment was up, not down, by just over 10 percent.

2019-1-1 17:00


Crypto Master Andreas Antonopoulos Speaks About Bitcoin Mining’s Adjustment Difficulty Metric

Well known Bitcoin evangelist and author, Andreas Antonopoulos, recently spoke with members of the cryptoverse regarding the various difficulties involved in mining BTC. Answering public questions via a Youtube Q&A session a few days back, Antonopoulos spoke about the many issues affecting miners today and why a single BTC block is mined every 10 minutes. […]

2018-12-8 07:50


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin market absorbs 1 million BTC in 5 months

Quick Take While Bitcoin currently trades approximately 20% below its all-time high, the more compelling narrative unfolds within the dynamic flow of coins between short-term holders (STHs) and long-term holders (LTHs) LTHs, holding Bitcoin for over 155 days, typically accumulate during bear markets and distribute during bulls.