Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023

Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176. Bitcoin’s Difficulty Has Risen More Than 22% Since Block […]

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Bitcoin Network Experiences Slight Dip in Difficulty After Record High

Bitcoin Network Experiences Slight Dip in Difficulty After Record HighBitcoin’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 […]

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BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

BTC's Hashrate Touches 120 Exahash, But the Price Has Not FollowedOn January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower. […]

The post BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed appeared first on Bitcoin News.

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