{"id":47630,"date":"2021-08-13T11:51:12","date_gmt":"2021-08-13T08:51:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47630"},"modified":"2025-09-01T22:20:20","modified_gmt":"2025-09-01T19:20:20","slug":"bitcoin-mining-difficulty-rises-by-more-than-7","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-rises-by-more-than-7\/","title":{"rendered":"Bitcoin mining difficulty rises by more than 7%"},"content":{"rendered":"

Based on the latest difficulty adjustment, Bitcoin’s mining difficulty rose by 7.31% to 15.56 T.<\/p>\n

\"Bitcoin
Data: BTC.com<\/a>.
<\/figcaption><\/figure>\n

Over the past two weeks, the average block interval stood at 9 minutes 19 seconds.<\/p>\n

At the end of July, Bitcoin mining difficulty rose for the first time in two months<\/a>. After hitting a peak in May, it gradually declined, first shedding 16%<\/a>, and then a further 5.3%<\/a>. The ensuing fall was a record drop \u2014 27.94%<\/a>. The metric fell by 4.8%<\/a>.<\/p>\n

The difficulty of Bitcoin is inextricably linked to the network’s hash rate, which, judging by the smoothed 7-day moving average chart, has been rising steadily over the last three weeks. The metric reached 113 EH\/s, well below its May maximum of 180 EH\/s.<\/p>\n

\"Dynamics
Dynamics of the Bitcoin network’s hash rate. Data: glassnode<\/a>.<\/figcaption><\/figure>\n

Despite the ban on cryptocurrency mining in China<\/a>, pools from China (AntPool, Poolin, ViaBTC, F2Pool) still hold leading positions in total hash rate. This is because major players are relocating equipment<\/a> and deploying computing power abroad.<\/p>\n

\"Hashrate
Hashrate distribution by mining pools. Data: BTC.com<\/a>.
<\/figcaption><\/figure>\n

In March 2021, leading mining operations in China ceased to dominate Bitcoin’s hash rate.<\/p>\n

Subscribe to ForkLog’s news on VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Based on the latest difficulty adjustment, Bitcoin’s mining difficulty rose by 7.31% to 15.56 T.<\/p>\n","protected":false},"author":1,"featured_media":47631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137],"class_list":["post-47630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47630","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=47630"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47630\/revisions"}],"predecessor-version":[{"id":47632,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47630\/revisions\/47632"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/47631"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=47630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=47630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=47630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}