{"id":18334,"date":"2024-11-05T12:48:56","date_gmt":"2024-11-05T10:48:56","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-surpasses-100-t-for-the-first-time\/"},"modified":"2024-11-05T12:48:56","modified_gmt":"2024-11-05T10:48:56","slug":"bitcoin-mining-difficulty-surpasses-100-t-for-the-first-time","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-surpasses-100-t-for-the-first-time\/","title":{"rendered":"Bitcoin Mining Difficulty Surpasses 100 T for the First Time"},"content":{"rendered":"<p>Following the latest recalibration, the difficulty of mining the leading cryptocurrency surged by 6.24%, reaching an unprecedented 101.65 T.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1279.webp\" alt=\"1-1279\" class=\"wp-image-244525\"\/><figcaption class=\"wp-element-caption\">Data:\u00a0<a href=\"https:\/\/explorer.btc.com\/btc\/insights-difficulty\" target=\"_blank\" rel=\"noreferrer noopener\">CloverPool<\/a>.<\/figcaption><\/figure>\n<p>The average hash rate during the two-week calculation period slightly decreased to 680 EH\/s, but it currently exceeds 720 EH\/s again.<\/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>, on October 31, the smoothed 7-day moving average of the network&#8217;s computational power peaked at 755.7 EH\/s, before adjusting to 723 EH\/s.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-928.webp\" alt=\"2-928\" class=\"wp-image-244526\"\/><figcaption class=\"wp-element-caption\">Data: Glassnode.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/data.hashrateindex.com\/network-data\/btc\">Hashrate Index<\/a>, the <span data-descr=\"miners' revenue per unit of computational power expended\" class=\"old_tooltip\">hash price<\/span> fell to $43.1 per PH.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-522.webp\" alt=\"3-522\" class=\"wp-image-244527\"\/><figcaption class=\"wp-element-caption\">Data: Hashrate Index.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/bitcoin\/bitcoin-miner-revenue-daily\">The Block<\/a>, the smoothed 7-day moving average of daily miner revenue decreased to approximately $34.5 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-333.webp\" alt=\"4-333\" class=\"wp-image-244528\"\/><figcaption class=\"wp-element-caption\">Data: The Block.<\/figcaption><\/figure>\n<p>In October, the hash rate of 14 publicly listed mining companies in the US reached a record 28.9% of the total.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the latest recalibration, the difficulty of mining the leading cryptocurrency surged by 6.24%, reaching an unprecedented 101.65 T. Data:\u00a0CloverPool. The average hash rate during the two-week calculation period slightly decreased to 680 EH\/s, but it currently exceeds 720 EH\/s again. According to Glassnode, on October 31, the smoothed 7-day moving average of the network&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18333,"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-18334","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":"14","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18334","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=18334"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18333"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}