{"id":58534,"date":"2022-03-04T15:54:55","date_gmt":"2022-03-04T13:54:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58534"},"modified":"2025-09-04T17:16:30","modified_gmt":"2025-09-04T14:16:30","slug":"bitcoin-mining-difficulty-falls-for-the-first-time-this-year","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-falls-for-the-first-time-this-year\/","title":{"rendered":"Bitcoin mining difficulty falls for the first time this year"},"content":{"rendered":"

As a result of another difficulty adjustment, Bitcoin mining difficulty fell for the first time since November 2021. The metric stood at 27.55T.<\/p>\n

In percentage terms, the decline was the same as in the previous adjustment \u2014 1.49%.<\/p>\n

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

Over roughly the two-week period separating the recalculations of the indicator, the average hash rate stood at about 197 EH\/s versus 200 EH\/s in the previous period. Then the difficulty registered historical maximum<\/span> of 29.97T.<\/p>\n

According to Glassnode<\/a>, the smoothed seven-day moving average of the Bitcoin network’s hash rate reached a maximum of 214.7 EH\/s on February 17, before subsequently declining.<\/p>\n

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

In 2021, the hash rate began to fall in May amid power-supply problems for miners in Sichuan. The decline continued with the exodus of industry players from China following the ban. The hash rate\u2013linked difficulty also declined. As a result of one of the recalculations in July, the drop stood at a record 27.94%.<\/p>\n

Both metrics began to recover only closer to August. It was then that the United States first rose to the lead in the share of Bitcoin’s hashrate.<\/p>\n

In February, miners’ revenue for the first cryptocurrency fell by 13% compared with the previous month, just over $1 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

As a result of another difficulty adjustment, Bitcoin mining difficulty fell for the first time since November 2021. The metric stood at 27.55T.<\/p>\n","protected":false},"author":1,"featured_media":58535,"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-58534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58534","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=58534"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58534\/revisions"}],"predecessor-version":[{"id":58536,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58534\/revisions\/58536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58535"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}