Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge

March 21, 2023 Bitcoin.com

Algorithm

Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block times have been faster than the ten-minute average. Bitcoin Difficulty Expected to Rise Following the Past Two […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

March 6, 2023 Bitcoin.com

Antpool

In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

February 25, 2023 Bitcoin.com

Algorithm

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60 […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times

February 21, 2023 Bitcoin.com

adjustment

After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block height 772,128. Next Bitcoin Difficulty Change […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Bitcoin Network Experiences Slight Dip in Difficulty After Record High

February 12, 2023 Bitcoin.com

88.4%

Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after the network recorded a 14.94% increase in the last month. Bitcoin Difficulty Drops 0.49% Lower; Top Five Mining Pools Continue […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened

February 4, 2023 Bitcoin.com

All time high

The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit

January 28, 2023 Bitcoin.com

All time high

The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following day. Litecoin’s Computational Power Climbs 38% in 30 Days A significant amount of hashrate […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Bitcoin Network Braces for Notable Difficulty Increase in 3 Days

January 12, 2023 Bitcoin.com

All time high

Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At the time of writing, Bitcoin’s mining difficulty appears to be on track for a 10% increase, rising from 34.09 trillion […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

January 7, 2023 Bitcoin.com

$POWER

During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate

December 29, 2022 Bitcoin.com

2 pools

Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas temporarily went offline on Dec. 25, 2022. Furthermore, three-day hashrate distribution statistics recorded on Dec. 29, 2022 indicate that two mining pools command more than […]

ViaBTC