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With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High

With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime HighBitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate has been a bit more volatile dropping from 217 exahash per second […]

Quantum computing will fortify Bitcoin signatures: Adam Back

While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High

While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time HighDuring the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise, as Bitcoin’s mining difficulty has adjusted upward nine times in a row to date and it’s closing […]

Quantum computing will fortify Bitcoin signatures: Adam Back