Bitcoin Mining Difficulty Hits New All-Time High After 21.5% Increase

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Bitcoin mining difficulty has just hit a new all-time high above 25 trillion, according to data provided by BTC.com.
The new all-time high of 25.05 trillion represents a 21.53% increase since the last readjustment on May 1, when the difficulty fell by 12.6%, recording the Bitcoin network’s largest downward correction since the start of the year.

#Bitcoin mining difficulty has increased by 21.5% today.
It is the largest positive difficulty adjustment in almost 7 years.
Chart: https://t.co/VSa6oGAPZF pic.twitter.com/ynFPBBDBKh
— glassnode (@glassnode) May 13, 2021

Bitcoin mining difficulty is a relative measure of the amount of computational resources required to produce new coins. This value either increases or decreases after every 2016 blocks, or roughly every 14 days, depending on how quickly the previous 2016 blocks were found.

Normally, the average block production interval is intended to be 10 minutes. However, since the last readjustment it has been substantially faster—

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Źródło: https://decrypt.co/70716/bitcoin-mining-difficulty-hits-new-all-time-high-after-21-5-increase

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