Bitcoin mining difficulty has come close to 30 Trlne Hash – Bits Media

Another recalculation of the difficulty of mining the first cryptocurrency demonstrated, that the indicator increased by 5.56%, reached 27.79 trillion hashes and set another record.

New Difficulty Record Will Make Bitcoin Mining More Labor-Intensive and Less Profitable. However, This standard situation - the network hashrate of the first cryptocurrency continues to grow, therefore, the difficulty of production also increases. At the same time, during the last recalculation of complexity, the indicator decreased by 1.26%. Expected, that the next time the difficulty is recalculated, the indicator will for the first time exceed 30 Trlne Hash.

Recall, that the difficulty of mining in the network of the first cryptocurrency is recalculated approximately every two weeks. The indicator depends on the network hashrate - the higher this indicator, The higher the difficulty becomes, - so that miners mine a block once every 10 minutes, and not more often.

Mining difficulty has been growing quite steadily since July last year., when the Bitcoin network hashrate dropped significantly after a mining ban in China, and along with the hashrate, the difficulty also dropped. Но с тех пор майнеры переместили оборудование и продолжают закупать новое, поэтому хешрейт и сложность растут.

Earlier, the American mining company Riot Blockhain announced plans to expand its capacity to 1.7 GW.