In a recent adjustment, Bitcoin’s mining difficulty has surged to a new record high, marking a significant milestone for the cryptocurrency. According to CloverPool data, the mining difficulty increased by 1.16% to 109.78 T at block height 876960 on December 30. This adjustment reflects the growing computational power of the Bitcoin network.
Mining Difficulty Adjustment
The mining difficulty adjustment, which occurred at 05:55:37 Beijing time, is a result of the network’s self-regulating mechanism. This mechanism ensures that the time it takes to mine new blocks remains consistent, despite fluctuations in computational power.
Network Computational Power
The current average computing power of the entire network over the past seven days stands at 782.34 EH/s. This significant increase in computational power has contributed to the record-high mining difficulty, demonstrating the growing strength and resilience of the Bitcoin network.
Source
This data is based on information provided by CloverPool, a reliable source for cryptocurrency mining data.
Source: M.theblockbeats.info
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