Bitcoin Network Gears Up for Fourth Surge in Mining Difficulty Amid Record Highs and Unwavering Miners
The Bitcoin network has witnessed a consecutive surge in mining difficulty during the past three retargets, and now…
Browsing Tag
Mining Difficulty
19 posts
Bitcoin Mining Difficulty Reaches Unprecedented Highs Amidst Challenging Market Conditions
On Wednesday, June 14, 2023, at block height 794,304, the Bitcoin network recorded its third consecutive mining difficulty…
Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion
On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288,…
Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a…
Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases
Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them…
Public Miners Are Outperforming Bitcoin
Even with the recent rise in the bitcoin price, public bitcoin mining stocks start the year with more…
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher
Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded…
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped…
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as…