On-chain data shows the Bitcoin mining difficulty is heading towards its sixth consecutive increase, which would be a new record for 2023.
Bitcoin Mining Difficulty Estimated To See Almost 4% Rise This Weekend
The Bitcoin “difficulty” refers to a feature on the blockchain that controls how hard the miners would find it to mine blocks right now. The metric’s value is measured in terms of the number of hashes that miners would need to generate before the next block can be found.
The network automatically adjusts its difficulty approximately every two weeks, and according to data from CoinWarz, the Bitcoin difficulty is set to see another such adjustment over the upcoming weekend.
As you can see above, the Bitcoin mining difficulty is estimated to increase by over 3.8% in this coming adjustment, which would take its value to 67.14 trillion.
Now, the main question is: what’s the reason behind this difficulty increase? To understand this, you may first have to know why the difficul
We współpracy z: https://bitcoinist.com/bitcoin-difficulty-see-6th-straight-surge-heres-why/
