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Bitcoin
Bitcoin (BTC)
$83,257.00 -1.3349
Bitcoin price
Ethereum
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$1,897.85 -1.68258
Ethereum price
BNB
BNB (BNB)
$622.28 2.33653
BNB price
Solana
Solana (SOL)
$128.26 -4.96836
Solana price
XRP
XRP (XRP)
$2.34 -1.90603
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.69417
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.55213
Pepe price
Bonk
Bonk (BONK)
$0.0000107 -2.51687
Bonk price
dogwifhat
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$0.481494 -1.98653
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Popcat
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$0.190476 -3.53485
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Bitcoin
Bitcoin (BTC)
$83,257.00 -1.3349
Bitcoin price
Ethereum
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$1,897.85 -1.68258
Ethereum price
BNB
BNB (BNB)
$622.28 2.33653
BNB price
Solana
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$128.26 -4.96836
Solana price
XRP
XRP (XRP)
$2.34 -1.90603
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.69417
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.55213
Pepe price
Bonk
Bonk (BONK)
$0.0000107 -2.51687
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dogwifhat
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$0.481494 -1.98653
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Popcat
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$0.190476 -3.53485
Popcat price
Bitcoin
Bitcoin (BTC)
$83,257.00 -1.3349
Bitcoin price
Ethereum
Ethereum (ETH)
$1,897.85 -1.68258
Ethereum price
BNB
BNB (BNB)
$622.28 2.33653
BNB price
Solana
Solana (SOL)
$128.26 -4.96836
Solana price
XRP
XRP (XRP)
$2.34 -1.90603
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.69417
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.55213
Pepe price
Bonk
Bonk (BONK)
$0.0000107 -2.51687
Bonk price
dogwifhat
dogwifhat (WIF)
$0.481494 -1.98653
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190476 -3.53485
Popcat price

Bitcoin mining difficulty reached new ATH

Yana Khlebnikova
Edited by
News
Bitcoin mining difficulty reached new ATH

On Oct. 30, Bitcoin (BTC) mining difficulty increased by 2.35%, setting a new all-time high.

This is the fourth increase in a row, according to BTC.com. At the time of writing, Bitcoin mining difficulty is 62.46 T.

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.

Bitcoin mining difficulty reached new ATH - 1
Source: BTC.com

The last change in the indicator occurred on Oct. 16. At that time, x difficulty reached 61.03 T.

The next change in mining difficulty will tentatively occur on Nov. 13, 2023. The forecast is an increase of 0.39%, according to BTC.com.

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.

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.