Bitcoin mining difficulty reached an all-time high of 30.97 trillion hashes to 32.05 trillion with a block height of 753,984. After two difficulty increases over the past month, the network’s mining difficulty jumped another 3.45% higher on September 13.
Bitcoin difficulty reached 32 trillion
The top cryptocurrency by market cap,Bitcoin (BTC)is now much harder to mine. In fact, on Tuesday, September 13, 2022, network difficulty hit an all-time high of32.5 trillion. Nearly two weeks ago, 2,016 blocks ago, difficulty increased 9.26%, marking the second largest increase in 2022.
Two weeks before the last change, 2,016 blocks ago, the difficulty level jumped slightly by 0.63%. Following today’s rise, with a block high of 753,984, finding a reward for aBitcoin (BTC)block has never been so difficult. Additionally, the USD value ofBTCfell over 9% on Tuesday afternoon (ET) following the recently released US CPI report.
Despite the price drop and recent increase in difficulty,the hash rate of BTChas remained in the 200 exahash per second (EH/s) range, running at227.07 EH/sat the time of writing. The number of EH/s has remained at 227.07 EH/s. Over the past 24 hours, Foundry USA has been the top pool on the network, accounting for 26.85% of the global hash rate.
Foundry is followed by F2pool with 15.4% ofthe hash power of BTCand Binance Pool with 14.77% of the global hash rate, followed by Binance Pool Antpool (13.42%) and Viabtc (10.74%) followed, respectively. In the last 24 hours, 149 blocks were mined, of which 40 were discovered by Foundry USA and F2pool captured 23 blocks.
Currently,BTCblock hours are in blocks, leaving 2,011 blocks available for mining until the next difficulty change expected on September 27, 2022. At current block interval rates and today’s realized hash rates, the network could see a negative3.7% decrease. 3.7% decrease.
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