{"id":11614,"date":"2024-03-14T18:29:48","date_gmt":"2024-03-14T16:29:48","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-reaches-new-peak-2\/"},"modified":"2024-03-14T18:29:48","modified_gmt":"2024-03-14T16:29:48","slug":"bitcoin-mining-difficulty-reaches-new-peak-2","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-reaches-new-peak-2\/","title":{"rendered":"Bitcoin Mining Difficulty Reaches New Peak"},"content":{"rendered":"

Following the latest adjustment, the difficulty of mining the leading cryptocurrency increased by 5.79%, setting a new all-time high at 83.95 T.<\/p>\n

\"1-953\"
Data: BTC.com<\/a>.<\/figcaption><\/figure>\n

The average hash rate since the previous adjustment was 600.72 EH\/s, with the interval between blocks at 9 minutes 27 seconds.<\/p>\n

On March 11, the smoothed seven-day moving average reached 629.44 EH\/s. At the time of writing, it stands at 626 EH\/s.<\/p>\n

\"Chart-Thu-Mar-14-2024\"
Bitcoin hash rate dynamics. Data: Coin Metrics<\/a>.<\/figcaption><\/figure>\n

According to Hashrate Index<\/a>, the hash price<\/span> is $0.11316 per TH.<\/p>\n

\"2-741\"
Hash price dynamics. Data: Hashrate Index.<\/figcaption><\/figure>\n

In the past month, players involved in mining the leading cryptocurrency consumed a record 19.6 GW of electricity.<\/p>\n

By early February, bitcoin miners’ reserves fell<\/a> to July 2021 levels.<\/p>\n

According to Bitfinex analysts, miners are motivated to sell in order to upgrade infrastructure in preparation for the upcoming halving.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following the latest adjustment, the difficulty of mining the leading cryptocurrency increased by 5.79%, setting a new all-time high at 83.95 T. Data: BTC.com. The average hash rate since the previous adjustment was 600.72 EH\/s, with the interval between blocks at 9 minutes 27 seconds. On March 11, the smoothed seven-day moving average reached 629.44 […]<\/p>\n","protected":false},"author":1,"featured_media":11613,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137],"class_list":["post-11614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=11614"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/11613"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=11614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=11614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=11614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}