{"id":52105,"date":"2021-11-01T13:48:28","date_gmt":"2021-11-01T11:48:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52105"},"modified":"2025-09-03T08:34:52","modified_gmt":"2025-09-03T05:34:52","slug":"bitcoin-mining-difficulty-rises-by-nearly-8","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-rises-by-nearly-8\/","title":{"rendered":"Bitcoin mining difficulty rises by nearly 8%"},"content":{"rendered":"

As a result of yet another recalculation mining difficulty<\/a> of the first cryptocurrency rose by 7.85% \u2014 to 21.66 trillion hashes (T).<\/p>\n

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

This is the eighth consecutive rise in the metric since the industry ban in China. However, it has not yet surpassed the May peak of 25.05 T<\/a>.<\/p>\n

Against the backdrop of crackdowns on mining by Chinese authorities, the difficulty fell to mid-July. At the start of the month the metric fell by a record 27.94%<\/a>.<\/p>\n

Around the same time, Bitcoin’s hash rate showed signs of recovery after a drop to the level of a year ago<\/a>, but the next recalculation led to another decline in mining difficulty \u2014 by 4.8% <\/a>.<\/p>\n

With the gradual return to the network of equipment that Chinese miners had taken abroad, the hash rate began to recover<\/a>.<\/p>\n

Earlier, Bitfury Group calculated that the aggregate hash rate of Bitcoin mining devices shut down in China stood at 90 EH\/s<\/a>.<\/p>\n

At the time of writing, the network-wide figure (7-day moving average, smoothed) stood at nearly 159 EH\/s. <\/p>\n

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

In August, the United States displaced China from the lead in Bitcoin\u2019s share of hash rate, according to data from the Cambridge Centre for Alternative Finance.<\/p>\n

China’s miners’ dominance had ended as early as March \u2014 before their departure from the country.<\/p>\n

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

Following another recalculation, the mining difficulty of the first cryptocurrency rose by 7.85% to 21.66 trillion hashes (T).<\/p>\n","protected":false},"author":1,"featured_media":52106,"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-52105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52105","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=52105"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52105\/revisions"}],"predecessor-version":[{"id":52107,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52105\/revisions\/52107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52106"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}