Bitcoin’s hashrate has been steadily climbing after dropping to 69 exahash per second (EH/s) on June 28, as it reached a high of 117 EH/s on Tuesday morning (EDT). The rise in hashpower will likely lead to the highest difficulty expansion in 89 days as estimates currently show a 7.39% increase is due in two days.
Bitcoin Block Rewards Expected to Be More Than 7% Harder to Find in 2 Days
In a touch more than two days’ time, Bitcoin’s mining difficulty is expected to jump over 7.3% as the crypto asset’s overall hashrate has improved a great deal. Since June 28, Bitcoin’s hashrate has jumped 69.56% and has been rising higher following the lift in market prices.
Bitcoin hashrate over a 1-year zoom on August 10, 2021.
On July 15, Bitcoin’s hashrate hit a high of 130 EH/s holding just below that zone for the last 25 days, and once in a while, it has tried to surpass the metric. Bitcoin’s mining difficulty makes it more difficult for miners to find blocks and during the last epo
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