Mining on the Bitcoin (BTC) blockchain has become more difficult than ever before with the difficulty adjustment made the other day.
The automatic update in block 723,744 made it 4.78 percent more difficult to generate bitcoins.
These updates, which are made every 2 thousand 16 blocks, approximately every two weeks, increase the average transaction time on the blockchain in line with the average hash rate. 10 minutes keeping level.
The difficulty level, which determines the difficulty of producing new blocks, with the update made yesterday afternoon above the level of 27.9 trillion appeared, and thus, as in the last two updates before that to an all-time high reached.
Bitcoin miners averaged the network over the two-week period prior to the update. 200.19 EH/s contributed with a hash rate. This is the average hash rate a new record broken as it means that the average production power since July 2021 has more than doubled it also shows.
The total hash rate that emerged on the Bitcoin network is the same as China’s in May of last year. by banning cryptocurrency mining decreased for a while, miners’ USA, Kazakhstan It started to rise again with its orientation to countries such as
While the hash rate is measured as 212.4 EH/s in line with the current data, the difficulty level will be increased in the next update. to increase again Waiting.