On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current 36.95 trillion.
Bitcoin Difficulty Reaches All-Time High Nearing 37 Trillion, Leading Crypto Asset’s Fiat Value Sinks Lower
Today it is 0.51% more difficult to find a Bitcoin (BTC) block reward than it was for the last two weeks or 2,016 processed blocks. The 0.51% increase has propelled the difficulty to a lifetime high at 36.95 trillion, outpacing the previous high recorded on Oct. 23, 2022. The difficulty increased during this retarget because block intervals were less than the ten-minute average, at nine minutes and 58 seconds. The average hashrate for the last 2,016 blocks was around 264.3 exahash per second (EH/s).
On Sunday, around 7:15 p.m. (ET), the global hashrate is around 261.29
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