The most recent difficulty adjustment has set a new All-Time High of 209 zettahashes.
The mining difficulty is a key indicator of the Bitcoin network’s overall health.
With the latest protocol tweak, mining has become more difficult, and the Bitcoin (BTC) network is exhibiting encouraging indications of strength.
Glassnode, a cryptocurrency on-chain monitoring tool, reports that the most recent difficulty adjustment has set a new All-Time High (ATH) of 209 zettahashes (10^21) for the projected number of hashes needed to mine a block.
Following the latest #Bitcoin difficulty adjustment, the estimated number of hashes required to mine a block has reached an ATH of 209 zettahashes (10^21).
Thus, the difficulty to mine a block continues to increase as more hashpower is deployed to the network. pic.twitter.com/aXHhGwFIRw
— glassnode (@glassnode) April 28, 2023
The mining difficulty is a key indicator of the Bitcoin network’s overall health. While the Proof-of-Work (PoW) consensus m
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