Bitcoin

April

<div class="cryptonews">
 <p class="is-style-lead">On Oct. 30, Bitcoin (BTC) mining difficulty increased by 2.35%, setting a new all-time high.</p>
 <p>This is the fourth increase in a row, according to BTC.com. At the time of writing, Bitcoin <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> <a rel="noopener noreferrer nofollow" title="difficulty" href="https://thebittimes.com/tag/difficulty.html">difficulty</a> is 62.46 T.</p>
 <p>The average Bitcoin hashrate (the total computing power of equipment mining cryptocurrency) at the current difficulty is expected to be 449.68 EH/s, the maximum value. The previous maximum average hashrate was recorded at 436.89 EH/s on October 16.</p>
 <figure class="wp-block-image size-full"><picture decoding="async" class="wp-image-14209772">
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/10/30/31d24adaf6a99263fda1e8e96e571895.webp.webp">
   <img decoding="async" width="2345" height="890" src="https://cdn.thebittimes.com/images/2023/10/30/31d24adaf6a99263fda1e8e96e571895.webp" alt="Bitcoin mining difficulty reached new ATH - 1"> 
  </picture>
  <figcaption class="wp-element-caption">
   Source: BTC.com
  </figcaption>
 </figure>
 <p>The last change in the indicator occurred on Oct. 16. At that time, x <a rel="noopener noreferrer nofollow" title="difficulty" href="https://thebittimes.com/tag/difficulty.html">difficulty</a> <a rel="noopener noreferrer nofollow" title="reached" href="https://thebittimes.com/tag/reached.html">reached</a> 61.03 T.</p>
 <p>The next change in <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> <a rel="noopener noreferrer nofollow" title="difficulty" href="https://thebittimes.com/tag/difficulty.html">difficulty</a> will tentatively occur on Nov. 13, 2023. The forecast is an increase of 0.39%, according to BTC.com.</p>
 <p>The increase in the difficulty of mining and the hashrate of the Bitcoin network suggests that more and more miners are joining the mining of the first cryptocurrency.</p>
 <p>At the same time, the price of Bitcoin has increased by 108% since the beginning of the year, from $16.5k to $34.4k. Increasing mining difficulty reduces the time until the next halving. This event will likely take place in April 2024.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-mining-difficulty-reached-new-ath-tbt68340.html">https://thebittimes.com/bitcoin-mining-difficulty-reached-new-ath-tbt68340.html</a></p>

Bitcoin mining difficulty reached new ATH

TheBitTimes

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