{"id":61271,"date":"2022-05-11T12:26:02","date_gmt":"2022-05-11T09:26:02","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61271"},"modified":"2025-09-05T11:13:08","modified_gmt":"2025-09-05T08:13:08","slug":"bitcoin-mining-difficulty-hits-a-new-high","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-hits-a-new-high\/","title":{"rendered":"Bitcoin mining difficulty hits a new high."},"content":{"rendered":"<p>On May 11, following another recalculation, Bitcoin mining difficulty rose by 4.89% to reach a new high of 31.25 T.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/ZaFdsHjGyy7EdVBFA_wwDkBCPHZqeLduT9-he1oT2i79oJaOyKe212UNzYeUpcJqWllnzHFUaEMrV9aTQBGIcwwQeybpYRQtCbRlwToRlEH6SjHDI_q5pRxzRsdUkAaTKQ67kVupViKRwZCczg\" alt=\"Bitcoin mining difficulty hits a new high\"\/><figcaption>Data: <a href=\"https:\/\/btc.com\/btc\/insights-difficulty\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>Since the start of 2022, the metric has fallen only three times. The maximum decline <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-falls-for-the-first-time-this-year\">stood at 1.49%<\/a>.<\/p>\n<p>In the period since the previous recalculation, the average hash rate reached 223.7 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=1511049600&#038;u=1646341199&#038;zoom=\">Glassnode<\/a>, the seven-day smoothed moving average of Bitcoin&#8217;s network hash rate stands at 222.2 EH\/s. The maximum of 227.2 EH\/s was recorded on May 5.<\/p>\n<p>In 2022, the hash rate rose by about 32%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/vSuQcvDMsX6xrIVAAu5liCS6SbABnw2770FpHbbwsWtz0Kz-mobWhED8WMps48J-DM4Z9UT57xG7N4vw4w8B-GXiepfntPFw2hDyjpc3-VmAOu6nZuxGnbNutgsdWwLThhbMF-StJyTQ4RGTVA\" alt=\"Bitcoin mining difficulty hits a new high\"\/><figcaption>Data: Glassnode.<\/figcaption><\/figure>\n<p>Earlier, Arcane Research analysts noted <a href=\"https:\/\/u1f987.com\/en\/news\/experts-forecast-a-decline-in-mining-profitability\">pressure on mining profitability<\/a> due to the decline in Bitcoin&#8217;s price and rising hash rate.<\/p>\n<p>At the time of their study, the leading cryptocurrency traded around $40,000. On May 10, Bitcoin prices <a href=\"https:\/\/u1f987.com\/en\/news\/el-salvador-bought-an-additional-500-btc-as-the-price-fell-below-30000\">had fallen below $30,000<\/a>.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/jSNkIf0ett-YyHdSz7EVAFZeN2V_PIQx8YY5pymDB3R1MCRw9oM_QOr33kUwhA2JWRTZCBKIVs8KZlNt-O0SaaixeJ3J2FvqgoiQpKIFOcv9Ljc_ggVx8MDzJcxVynQTtiH5j_qWKDDqgpJQaA\" alt=\"Bitcoin mining difficulty hits a new high\"\/><figcaption>Hourly BTC\/USD chart on Coinbase. Data: TradingView.<\/figcaption><\/figure>\n<p>In April, miner revenue amounted to <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miner-revenues-fall-4-in-april\">$1.15 billion<\/a> \u2014 down 4% from the previous month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 11, after another recalculation, Bitcoin mining difficulty rose by 4.89% to reach a new high of 31.25 T.<\/p>\n","protected":false},"author":1,"featured_media":61272,"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-61271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61271","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=61271"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61271\/revisions"}],"predecessor-version":[{"id":61273,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61271\/revisions\/61273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61272"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}