Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High

The processing powerfulness backing the Bitcoin web has continued its upward momentum tapping different all-time precocious (ATH) connected February 15, 2022, astatine 249 exahash per 2nd (EH/s). Following the latest ATH, the network’s mining trouble accrued connected Thursday greeting (EST), up 4.78% and reaching a worth of 27.97 trillion. The mining trouble has accrued six times successful a enactment since November 28, 2021, which makes it 23.34% harder for bitcoin miners to find bitcoin artifact rewards since then.

Bitcoin Hashrate Cracks Another ATH, Block Rewards Become Much Harder to Find After Difficulty Jumps Close to 5% Higher

At the clip of writing, the Bitcoin network’s hashrate is coasting on astatine 212.21 EH/s aft cracking a caller ATH connected Tuesday, February 15. On that day, the hashrate climbed to 249.75 EH/s, according to coinwarz.com’s six-month statistics. The caller ATH follows the precocious recorded 3 days anterior erstwhile the hashpower metric tapped 246 exahash per 2nd (EH/s) connected February 12. After the caller 249 EH/s precocious connected Thursday, the network’s trouble accrued by 4.78% to different beingness high.

Bitcoin (BTC) web hashrate connected February 17, 2022.

At the clip of penning and for the adjacent 13 days, the mining trouble volition beryllium astir 27.97 trillion. It’s a batch higher than the debased trouble worth recorded 215 days (seven months) agone connected July 17, 2021. At that time, BTC’s web trouble was lone 13.67 trillion due to the fact that it experienced 4 decreases successful a enactment — 1 of them being the largest alteration successful past connected July 3, 2021 (-27.94%).

Bitcoin (BTC) web trouble connected February 17, 2022.

However, since July 17, determination person been 16 antithetic trouble accommodation algorithm (DAA) changes and 15 of them increased. The past alteration recorded successful the seven-month dispersed was connected November 28, 2021, dropping 1.49%. The leap from 13.67 trillion to the existent 27.97 trillion is an summation of 104.60% successful 7 months. The hashrate 7 months agone was little than fractional the worth it is today, astatine 97.87 EH/s.

While bitcoin miners person recorded different ATH, the apical excavation during the past 3 days is Foundry USA with 15.59% of the planetary hashrate and 33.62 EH/s. The second-largest miner during the past 3 days is F2pool with 14.76% of the world’s hashrate and 31.83 EH/s. Foundry USA and F2pool are followed by Antpool, Poolin, Binance Pool, Viabtc, Slushpool, Btc.com, SBI Crypto, and Luxor, respectively.

There are 12 entities dedicating hashrate to the BTC concatenation and 11 of them are known pools. Currently, chartless hashrate oregon stealth miners person the slightest magnitude of hashrate with 0.83% of the planetary hashrate, oregon 1.79 EH/s of dedicated SHA256 hashpower.

With the existent planetary hashrate coasting on supra the 200 EH/s range, the adjacent epoch DAA estimated to travel successful 13 days is presently expected to beryllium different increase. While the estimation could change, close present it’s expected to leap 0.04% from the existent 27.97 trillion to 27.98 trillion.

What bash you deliberation astir the hashrate reaching caller highs and the trouble expanding adjacent to 5% connected Thursday? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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