{"id":20003,"date":"2024-12-30T11:22:50","date_gmt":"2024-12-30T09:22:50","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-reaches-new-all-time-high\/"},"modified":"2024-12-30T11:22:50","modified_gmt":"2024-12-30T09:22:50","slug":"bitcoin-mining-difficulty-reaches-new-all-time-high","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-reaches-new-all-time-high\/","title":{"rendered":"Bitcoin Mining Difficulty Reaches New All-Time High"},"content":{"rendered":"<p>The latest recalibration has seen the difficulty of mining the leading cryptocurrency rise by 1.08%, reaching a record 109.78 T.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXfLoqkRUMVPy9nWiNPuI0wz5sbuPWvspOujRVLu0zD_wH2KvylUUO0cVzOF_84mlHI3gtX8JoEa0uplWgSCG4D-zsLy1ZmNwsSXATxtw9vkP1tXBlp42uw7MYaN_9BPSiwv9QUppQ?key=1rymdCPHBmWx5WCo6WOcIt7o\" alt=\"Bitcoin mining difficulty reaches new all-time high\"\/><figcaption class=\"wp-element-caption\">Bitcoin mining difficulty chart. Data: <a href=\"https:\/\/minerstat.com\/coin\/btc\/difficulty\">Minerstat<\/a>.<\/figcaption><\/figure>\n<p>The average hash rate since the previous adjustment was 777 EH\/s.<\/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 November 21, the smoothed seven-day moving average reached a peak of 780.9 EH\/s, before declining to 707.6 EH\/s.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdVrrmZQowgiJsQ9FXahvBsFJttc0zB77brFEBV0ByHgKoLOCJsdzZjwz7_qLSPTmTiNQC8XqHnECuxahsexMq5Lc7WOQ7unBCVQbdZiIAnY_AwziqPAPOI0NiwfRu4eNdNoWWOcQ?key=1rymdCPHBmWx5WCo6WOcIt7o\" alt=\"Bitcoin mining difficulty reaches new all-time high\"\/><figcaption class=\"wp-element-caption\">Chart of the smoothed seven-day moving average for hash rate (orange) and Bitcoin price (black). Data: 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 computational power expended\" class=\"old_tooltip\">hashprice<\/span> fell by 2.5% \u2014 from $55.7 per PH per day to $54.3.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXcni6jMXpVybk2ffMrFmESN0xtfD24JduFxgPbvTtGrZ9smYiplfaiv6we08vXuwDUWAwoRio5wZp7htDTWO5Vb9LSOLpFtrNhn71Bd9nuaW3tO_KaofyYnTLLuJtGkR8HacEnMFQ?key=1rymdCPHBmWx5WCo6WOcIt7o\" alt=\"Bitcoin mining difficulty reaches new all-time high\"\/><figcaption class=\"wp-element-caption\">Bitcoin hashprice chart. 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>, as of December 29, the smoothed seven-day moving average of daily miner revenue rose to $44.12 million amid a Bitcoin rally.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXezBngyb8A1Qu4Kh8YUB2MrIo1tB6WTy1kiE4rTS-450LKiRX8Ul_eac7AN7SuI1UCLsAS_jrt-lmVXa815QW5tmkr2XMXSUYF3I_sGq9BKtWN0EwVBex7sGx40V8cZrvgXjxcK?key=1rymdCPHBmWx5WCo6WOcIt7o\" alt=\"Bitcoin mining difficulty reaches new all-time high\"\/><figcaption class=\"wp-element-caption\">Chart of the smoothed seven-day moving average of daily Bitcoin miner revenue. Data: The Block.<\/figcaption><\/figure>\n<p>Throughout 2024, the stock prices of mining companies diverged from the bullish trend of the leading cryptocurrency&#8217;s price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest recalibration has seen the difficulty of mining the leading cryptocurrency rise by 1.08%, reaching a record 109.78 T. Bitcoin mining difficulty chart. Data: Minerstat. The average hash rate since the previous adjustment was 777 EH\/s. According to Glassnode, on November 21, the smoothed seven-day moving average reached a peak of 780.9 EH\/s, before [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20002,"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":[18,1137,1279],"class_list":["post-20003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining","tag-hashrate-2"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20003","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=20003"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/20002"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=20003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=20003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=20003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}