{"id":15723,"date":"2024-07-31T14:04:50","date_gmt":"2024-07-31T11:04:50","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-surges-by-10-5\/"},"modified":"2024-07-31T14:04:50","modified_gmt":"2024-07-31T11:04:50","slug":"bitcoin-mining-difficulty-surges-by-10-5","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-surges-by-10-5\/","title":{"rendered":"Bitcoin Mining Difficulty Surges by 10.5%"},"content":{"rendered":"<p>The latest recalibration has seen the difficulty of mining the premier cryptocurrency rise by 10.5%, reaching 90.67 T.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdSYL5jbJBmmEW2_jnC-Jj6YPCvnwFNhU7hmEA9ytWK_er_WluSYrXLnFqvSi7UPSS19JHy8sGgOvhwMtAO8wbotPVJaBHjXwQMmZWezIBBnsxXSioNADTWVfsWl3ahjRd1rCintmLnQzAfj7bLN6Tj_A4?key=MQstistCveJ8LK6sL-zBVw\" alt=\"\u0421\u043b\u043e\u0436\u043d\u043e\u0441\u0442\u044c \u043c\u0430\u0439\u043d\u0438\u043d\u0433\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0432\u044b\u0440\u043e\u0441\u043b\u0430 \u043d\u0430 10,5%\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/explorer.btc.com\/btc\/insights-difficulty\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>The average hashrate since the previous adjustment was 933.84 EH\/s, with the interval between blocks being less than seven minutes.<\/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 of computational power reached peak levels of approximately 637 EH\/s.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXej4RsqDKLCWiP8hUhrL0tL-TjYgcIX6iMq4FfvoWkdco1xO-oBLk5X_o_qoL7gOLXxk73YIhSVteNhNhIsMSGCnRBE2lLEsM8EDMpt2E0LCREwYZfvoJ5mePGzV7oYYjTd_M0T2dzZqPwKeJQq2UmVTQ?key=MQstistCveJ8LK6sL-zBVw\" alt=\"\u0421\u043b\u043e\u0436\u043d\u043e\u0441\u0442\u044c \u043c\u0430\u0439\u043d\u0438\u043d\u0433\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0432\u044b\u0440\u043e\u0441\u043b\u0430 \u043d\u0430 10,5%\"\/><figcaption class=\"wp-element-caption\">Data: Glassnode.<\/figcaption><\/figure>\n<p>Following the difficulty update, the <span data-descr=\"miners' revenue per unit of computational power expended\" class=\"old_tooltip\">hashprice<\/span> fell to $48.25 per PH per day (<a href=\"https:\/\/data.hashrateindex.com\/network-data\/btc\">Hashrate Index<\/a>).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdu5NkE559UzCmh8nk5k8PchnqvSecRCoLo_mGQ4Iy5JkjDaHG5Tzlv0TSWrc0MhPvAzMgJr1QtiXiAMOWdhFFiBENrIEr1kf0E7i77EJGPnSVEz5pOp_Cqsmv3JR2Cr6aW2bqF4f5dQ3OTzWA-PDVdWefN?key=MQstistCveJ8LK6sL-zBVw\" alt=\"\u0421\u043b\u043e\u0436\u043d\u043e\u0441\u0442\u044c \u043c\u0430\u0439\u043d\u0438\u043d\u0433\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430 \u0432\u044b\u0440\u043e\u0441\u043b\u0430 \u043d\u0430 10,5%\"\/><figcaption class=\"wp-element-caption\">Data: Hashrate Index.<\/figcaption><\/figure>\n<p>In July, BRN analyst Valentin Fournier noted that Bitcoin mining companies likely commenced a new phase of coin accumulation to capitalize on potential asset growth.\u00a0<\/p>\n<p>That same month, MARA (formerly Marathon Digital) increased its reserves to 20,000 BTC (~$1.3 billion). The mining company additionally spent $100 million for these purposes.<\/p>\n<p>Earlier, Bernstein positively assessed the impact of the &#8220;Trump factor&#8221; on digital gold mining companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest recalibration has seen the difficulty of mining the premier cryptocurrency rise by 10.5%, reaching 90.67 T.\u00a0 Data: BTC.com. The average hashrate since the previous adjustment was 933.84 EH\/s, with the interval between blocks being less than seven minutes. According to Glassnode, the smoothed 7-day moving average of computational power reached peak levels of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15722,"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":[1137,1279],"class_list":["post-15723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-hashrate-2"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15723","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=15723"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15722"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}