Generating Bitcoin Just Got a Little Easier: 0.35 Percent Drop

The update to the Bitcoin blockchain yesterday made it easier for miners to generate bitcoins again compared to two weeks ago.

Difficulty update every 2 thousand 16 blocks, last night Number 727 thousand 776 took place on the block and produced bitcoin by 0.35 percent made it easy.

Average block mining time reflecting the change in hash rate 10 minutes difficulty level that keeps it at the same level after the last update. 27.4 trillion dropped to its level.

Average hash rate on the Bitcoin blockchain, mid-February up to 200 EH/s was out. This rate is for the last two weeks. 196.4 EH/s was measured.

Mining through updates from late November 2021 to mid-February 2022 back to back difficulty had shown. The last two updates made bitcoin production easier twice in a row in 2022.

According to data from The Block, miners made a total of about $100 million by generating bitcoin and charging transaction fees throughout February. 1 billion 60 million dollars level of income.

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