On-chain data shows the Bitcoin mining difficulty has seen an increase in the latest adjustment, a consequence of the hashrate’s recovery.
Bitcoin Mining Difficulty Has Seen A Positive 3% Adjustment Recently
The “mining difficulty” refers to a feature built into the Bitcoin blockchain that controls how hard the miners would find it to mine on the Bitcoin network right now. The difficulty goes through periodic adjustments about every two weeks, which are entirely controlled by code and thus, are completely automatic.
When the network makes a positive difficulty adjustment, it means miners would find it harder to mine on the blockchain than in the past two weeks and as such, would have their pace slowed down.
On the other hand, BTC going through a negative adjustment implies miners would be able to mine through blocks on the network at a faster speed than in the last couple of weeks.
Now, here is a chart that shows how the last few adjustments changed Bitcoin’s diffi
We współpracy z: https://bitcoinist.com/bitcoin-difficulty-jumps-3-hashrate-slowly-recovers/
