{"id":56314,"date":"2022-01-21T11:27:49","date_gmt":"2022-01-21T09:27:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56314"},"modified":"2025-09-04T05:48:50","modified_gmt":"2025-09-04T02:48:50","slug":"bitcoin-mining-difficulty-hits-a-new-record-2","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-hits-a-new-record-2\/","title":{"rendered":"Bitcoin mining difficulty hits a new record"},"content":{"rendered":"<p>Bitcoin\u2019s mining difficulty rose by 9.32%, reaching a new high of 26.64 trillion hashes (TH).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/3Hj5xtXG6qY-Wa885Xx7Kl3Xc1_ErHseMqaYOL9lGe9qr6RltaIxll5qsqIKjqR9sNBrQOVQzBKdz63Dehf6WSRo9-RUbbcnAnZBpOgBfG0Fa1kYKWOOZhIhtMWCl1LaApEvyD9O\" alt=\"Bitcoin mining difficulty hits a new record\"\/><figcaption>Data: <a href=\"https:\/\/btc.com\/btc\/insights-difficulty\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>The previous record was set on May 13, 2021 <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-hits-a-new-record\">at 25.05 TH<\/a>.<\/p>\n<p>Later that month <a href=\"https:\/\/u1f987.com\/en\/news\/power-outages-in-china-knock-bitcoins-hashrate-by-20\">Bitcoin&#8217;s hashrate fell by 20%<\/a> due to power outages in China&#8217;s Sichuan province <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-falls-by-16\">which led to a decline<\/a> in the corresponding difficulty.<\/p>\n<p>Subsequently the metric <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-falls-amid-chinese-miner-outages\">continued to fall<\/a> amid crackdowns on mining in the country and migration of capacity abroad. In a single recalculation, a <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-falls-by-almost-28\">record drop of nearly 28%<\/a> was recorded.<\/p>\n<p>By the end of June, the hashrate <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-hash-rate-sinks-to-july-2019-levels\">had fallen to July 2019 levels<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoins-hash-rate-begins-to-recover-as-miners-migrate-from-china\">showed signs of recovery<\/a> after about a month. Around the same time, <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-rises-for-the-first-time-in-two-months\">began<\/a> to increase, and the difficulty rose as well.<\/p>\n<p>According to <a href=\"https:\/\/www.blockchain.com\/charts\/hash-rate\">Blockchain.com<\/a>, on January 20, 2022 the network&#8217;s hash rate reached a new high of 198.8 EH\/s (seven-day moving average).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/iq3Ow3ANu7G_16PviV4sennRWjw2YPBVMT2RjLjFBqyBZWrWx8LAUS5NeZ4Y2gd_MW0XEpY473noErJK-1Smf_sl3RTbt8BfLGpccws1tR_SRsKT7YdGOFts8CpOj0r9qpnT2J4y\" alt=\"Bitcoin mining difficulty hits a new record\"\/><figcaption>Data: Blockchain.com.<\/figcaption><\/figure>\n<p>In August 2021, the United States displaced China from the lead in Bitcoin&#8217;s hashrate share.<\/p>\n<p>For details on the consequences of China&#8217;s mining ban and other changes in 2021, see <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-in-2021-chinas-ban-reshaped-the-balance-of-power\">ForkLog coverage<\/a>.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s mining difficulty rose by 9.32%, reaching a new high of 26.64 trillion hashes (TH).<\/p>\n","protected":false},"author":1,"featured_media":56315,"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-56314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56314","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=56314"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56314\/revisions"}],"predecessor-version":[{"id":56316,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56314\/revisions\/56316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/56315"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=56314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=56314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=56314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}