{"id":12083,"date":"2024-03-28T15:35:13","date_gmt":"2024-03-28T13:35:13","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-decreases-by-0-97\/"},"modified":"2024-03-28T15:35:13","modified_gmt":"2024-03-28T13:35:13","slug":"bitcoin-mining-difficulty-decreases-by-0-97","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-decreases-by-0-97\/","title":{"rendered":"Bitcoin Mining Difficulty Decreases by 0.97%"},"content":{"rendered":"<p>Following the latest adjustment, the difficulty of mining the leading cryptocurrency has decreased by 0.97%, bringing the figure to 83.13 T.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/QqcOuBNWjbsNMHOy-KxMhFcQ7BAs1lwJRJO9-_Bww-UwwlUBTfAT3-Uh8qO1xub_P5x1gRZwj_iJvrPfSFPMv-2ui66WsI2iOQJsciFFJQqk6CM6UqNlYoiZWyatgz-JD2CwVITTYe6OZrZQzoz-UbM\" alt=\"Bitcoin mining difficulty decreases by 0.97%\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/explorer.btc.com\/btc\/insights-difficulty\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>The average hashrate since the previous adjustment was 593.99 EH\/s, with the interval between blocks being 10 minutes and 7 seconds.<\/p>\n<p>According to <a href=\"https:\/\/studio.glassnode.com\/metrics?a=BTC&#038;category=&#038;ema=0&#038;m=mining.HashRateMean&#038;mAvg=7&#038;mMedian=0&#038;s=1659268705&#038;u=1674993505&#038;zoom=182\">Glassnode<\/a>, the smoothed 7-day moving average reached a peak of 614.9 EH\/s on March 24, before correcting to 586.1 EH\/s.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/iHHU4BbJTjEcoPMuMcfcIVApXX4W272Se8BT43_lRrZWVzKm49UXHC3Y2fEfZWGc4lQO2L6P0leZlcz4ceFrHfz44fRwPtg4Z-f1rAE5sVBSr3SAVas264oRiRu1lOA2cHV9Tkpd8eBL-0fPUOU_oWI\" alt=\"Bitcoin mining difficulty decreases by 0.97%\"\/><figcaption class=\"wp-element-caption\">Source: Glassnode.<\/figcaption><\/figure>\n<p>Data from <a href=\"https:\/\/data.hashrateindex.com\/network-data\/btc\">Hashrate Index<\/a> indicates that over the past 24 hours, the <span data-descr=\"miners' revenue per unit of computing power expended\" class=\"old_tooltip\">hashprice<\/span> has increased from $108 per PH per day to $110.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/2TnTfMk1QsG6gTX2uDJ5XkxIzg6PZ8FW0zF-_cLBbcYeaEfhm2NErPB5EkxymJe9hP7F6iUbaZpOtCp8tEcytzGlISy-X0OiPKO7HuLcHO8bsWmjCr4NYB8K5mVhSY8NeYehTM6L68nVUdw4XK2LTNs\" alt=\"Bitcoin mining difficulty decreases by 0.97%\"\/><figcaption class=\"wp-element-caption\">Source: Hashrate Index.<\/figcaption><\/figure>\n<p>By early February, bitcoin miners&#8217; reserves <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miners-reserves-decline-to-july-2021-levels\">had fallen<\/a> to levels last seen in July 2021.<\/p>\n<p>In March, Bitfinex experts highlighted the impact of Wall Street finances on the mining of the leading cryptocurrency. Institutional funding of public companies has disadvantaged individual and small-scale miners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the latest adjustment, the difficulty of mining the leading cryptocurrency has decreased by 0.97%, bringing the figure to 83.13 T. Source: BTC.com. The average hashrate since the previous adjustment was 593.99 EH\/s, with the interval between blocks being 10 minutes and 7 seconds. According to Glassnode, the smoothed 7-day moving average reached a peak [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12082,"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-12083","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":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12083","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=12083"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/12082"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=12083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=12083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=12083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}