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3232Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March
https://www.digit.info/bitcoins-average-and-median-sized-network-fees-rose-40-higher-in-march/
Fri, 31 Mar 2023 22:15:06 +0000https://www.digit.info/2023/03/31/bitcoins-average-and-median-sized-network-fees-rose-40-higher-in-march/Read more]]>In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin […]
]]>Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
https://www.digit.info/bitcoin-networks-mining-difficulty-rises-to-all-time-high-making-block-discovery-more-challenging/
Mon, 16 Jan 2023 02:30:34 +0000https://www.digit.info/2023/01/16/bitcoin-networks-mining-difficulty-rises-to-all-time-high-making-block-discovery-more-challenging/Read more]]>Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes 37.73 trillion hashes, or attempts, to find a valid bitcoin block reward and add it to the blockchain. 2023’s First […]
]]>Bitcoin Network Braces for Notable Difficulty Increase in 3 Days
https://www.digit.info/bitcoin-network-braces-for-notable-difficulty-increase-in-3-days/
Thu, 12 Jan 2023 17:00:03 +0000https://www.digit.info/2023/01/12/bitcoin-network-braces-for-notable-difficulty-increase-in-3-days/Read more]]>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 […]
]]>Bitcoin’s Mining Difficulty Taps All-Time High — 220 Exahash of Hashpower Remains Strong
https://www.digit.info/bitcoins-mining-difficulty-taps-all-time-high-220-exahash-of-hashpower-remains-strong/
Tue, 13 Sep 2022 22:00:21 +0000https://www.digit.info/2022/09/13/bitcoins-mining-difficulty-taps-all-time-high-220-exahash-of-hashpower-remains-strong/Read more]]>Bitcoin’s mining difficulty reached a new all-time high at block height 753,984 from 30.97 trillion hashes to 32.05 trillion hashes. After two difficulty increases during the past month, the network’s mining difficulty jumped another 3.45% higher on September 13. Bitcoin’s Difficulty Reaches 32 Trillion The leading cryptocurrency by market capitalization, bitcoin (BTC), is now a […]
]]>Current Block Times Suggest Bitcoin’s Halving Is Coming Sooner Than Expected
https://www.digit.info/current-block-times-suggest-bitcoins-halving-is-coming-sooner-than-expected/
Mon, 12 Sep 2022 14:00:27 +0000https://www.digit.info/2022/09/12/current-block-times-suggest-bitcoins-halving-is-coming-sooner-than-expected/Read more]]>Bitcoin’s hashrate has been running hot despite the lower prices and the recent difficulty increases. In fact, blocks are being discovered faster than the ten-minute block interval average and because of this factor, the network’s reward halving may come sooner than expected. While some halving counters that simply leverage the ten-minute average note the halving […]