Bitcoin mining difficulty is expected to increase by at least 3% on Dec. 19 for the final adjustment of the year, according to Bitrawr Bitcoin difficulty estimator.
Source: Bitrawr
According to the data, BTC’s current mining difficulty is at 34244331613176.18, and the estimated 3% increase would take the mining difficulty to between 35421102548895 and 35421764497396.
Mining difficulty describes how difficult it gets to solve the cryptographic puzzle necessary to create a block on the Bitcoin network and adjusts every two weeks.
BTC mining difficulty in 2022
In 2022, BTC witnessed 26 mining adjustments –16 of them were positive, while the remaining ten were negative. This is slightly different from 2021, when the flagship asset saw 27 mining adjustments –19 of these adjustments were positive, while eight were negative. At the time, BTC saw nine consecutive positive adjustments after China banned Bitcoin mining.
Source: Glassnode
According to the above chart, BTC mining difficult
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