Currencies28600
Market Cap$ 2.49T+1.39%
24h Spot Volume$ 29.86B+0.28%
BTC Dominance50.87%-0.06%
ETH Gas5 Gwei
Cryptorank
CryptoRankNewsBitcoin Mini...

Bitcoin Mining Hits Record Difficulty: 5.07% Increase at Block 818,496


Nov, 26, 2023
< 1 min read
by CoinEdition
Bitcoin Mining Hits Record
  • Bitcoin’s mining difficulty has reached an all-time high, making it more challenging to mine new blocks.
  • The network’s hash rate has increased to 504.63 exa-hashes per second.
  • Previously, the Bitcoin network experienced a one-hour block production disruption.

The Bitcoin network has recently hit a significant milestone regarding the difficulty level of mining a new block. In particular, according to statistics from Bitcoin Blockchain Explorer, BTC experienced a mining difficulty adjustment at block height 818,496. This adjustment has increased the mining difficulty by 5.07%, reaching a new high of 67.96 tera-hashes per second.

The prominent Chinese reporter Colin Wu called attention to this development in a recent statement on the X platform.

Significantly, the recent adjustment suggests that mining new blocks is now 5.07% more challengin…

The post Bitcoin Mining Hits Record Difficulty: 5.07% Increase at Block 818,496 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin’s Bullish Reversal: Is $83,500 in Sight Before July?

Bitcoin’s Bullish Reversal: Is $83,500 in Sight Before July?

Bitcoin has soared 14% since the crash to $56.6K, reclaiming the $64K channel. An ana...
May, 05, 2024
< 1 min read
by CoinEdition
Epic Satoshi ​​Spurs Launch of New Runes Tokens With $88M Market Cap

Epic Satoshi ​​Spurs Launch of New Runes Tokens With $88M Market Cap

According to onchain data, the ‘epic satoshi’ sold for 33.3 BTC has been inscribed, n...
May, 05, 2024
by Bitcoin News
CryptoRankNewsBitcoin Mini...

Bitcoin Mining Hits Record Difficulty: 5.07% Increase at Block 818,496


Nov, 26, 2023
< 1 min read
by CoinEdition
Bitcoin Mining Hits Record
  • Bitcoin’s mining difficulty has reached an all-time high, making it more challenging to mine new blocks.
  • The network’s hash rate has increased to 504.63 exa-hashes per second.
  • Previously, the Bitcoin network experienced a one-hour block production disruption.

The Bitcoin network has recently hit a significant milestone regarding the difficulty level of mining a new block. In particular, according to statistics from Bitcoin Blockchain Explorer, BTC experienced a mining difficulty adjustment at block height 818,496. This adjustment has increased the mining difficulty by 5.07%, reaching a new high of 67.96 tera-hashes per second.

The prominent Chinese reporter Colin Wu called attention to this development in a recent statement on the X platform.

Significantly, the recent adjustment suggests that mining new blocks is now 5.07% more challengin…

The post Bitcoin Mining Hits Record Difficulty: 5.07% Increase at Block 818,496 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin’s Bullish Reversal: Is $83,500 in Sight Before July?

Bitcoin’s Bullish Reversal: Is $83,500 in Sight Before July?

Bitcoin has soared 14% since the crash to $56.6K, reclaiming the $64K channel. An ana...
May, 05, 2024
< 1 min read
by CoinEdition
Epic Satoshi ​​Spurs Launch of New Runes Tokens With $88M Market Cap

Epic Satoshi ​​Spurs Launch of New Runes Tokens With $88M Market Cap

According to onchain data, the ‘epic satoshi’ sold for 33.3 BTC has been inscribed, n...
May, 05, 2024
by Bitcoin News