Bitcoin Network's Mining Difficulty Expected to See Largest Increase in Over 2 Months.
11 Aug 2021, 08:00
Bitcoin Network’s Mining Difficulty Expected to See Largest Increase in Over 2 Months
Bitcoin’s hashrate has been steadily climbing after dropping to 69 exahash per second (EH/s) on June 28, as it reached a high of 117 EH/s on Tuesday morning (EDT). The rise in hashpower will likely lead to the highest difficulty expansion in 89 days as estimates currently show a 7.39% increase is due in two days.
Bitcoin Block Rewards Expected to Be More Than 7% Harder to Find in 2 DaysIn a touch more than two days’ time, Bitcoin’s mining difficulty is expected to jump over 7.3% as the crypto asset’s overall hashrate has improved a great deal. Since June 28, Bitcoin’s hashrate has jumped 69.56% and has been rising higher following the lift in market prices.
Bitcoin hashrate over a 1-year zoom on August 10, 2021.