{"id":66516,"date":"2022-08-31T10:19:48","date_gmt":"2022-08-31T07:19:48","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66516"},"modified":"2025-09-07T01:45:44","modified_gmt":"2025-09-06T22:45:44","slug":"bitcoin-mining-difficulty-jumps-9","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-jumps-9\/","title":{"rendered":"Bitcoin mining difficulty jumps 9%"},"content":{"rendered":"<p>As a result of another recalculation <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-hashrate-and-mining-difficulty-in-cryptocurrencies\">mining difficulty<\/a> of the first cryptocurrency rose by 9.26%, to 30.97 T.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/gNG4X5c-1e5nZn8t_CYE-oYYl2Ow91Q9zkI8qMoJbmpOqoaSELEvA2sB9NSmWlTQ4y9m-5NwcWotmft6CmBrg9sc8v275N2hH93eKQ6S3k5oxK6XLRv7L1DqxnUlFAIKMjERTErfV3b9128YYxStyQynmRRZKrmvtJ1kxAzBReM3JVo0FDcyTdCqDA\" alt=\"Bitcoin mining difficulty rose by 9%\"\/><figcaption>Data: <a href=\"https:\/\/explorer.btc.com\/btc\/insights-difficulty\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>Over roughly a two-week period between the latest adjustments, the network&#8217;s average hash rate stood at 221 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=1560296858&#038;u=1661904000&#038;zoom=\">Glassnode<\/a>, on 30 August the network&#8217;s computational power (smoothed seven-day moving average) reached 222.3 EH\/s. The figure is gradually returning toward the peak value from 11 June (231 EH\/s).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/_0jDVHK8UzXJvwJf2Da_MXrdqtHyGhME4FNrz_3JFr2zTkDzQ0daly6MOm0dr2UB6qps7YbWSjB4FK7JFVHYfOmAcJP3410do76pWN6XIDye6ug9WDDd9ZlF3WlC-MqOwPlqfiFVSludXQMGuK_BhGs\" alt=\"Bitcoin mining difficulty rose by 9%\"\/><figcaption>Data: Glassnode.<\/figcaption><\/figure>\n<p>Foundry USA continues to lead among mining pools by share of hashrate \u2014 23.25%. Behind it in the rankings are F2Pool (16.42%) and AntPool (13.43%), affiliated with Bitmain.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/M4S0MKXpa91_CvRS-5TuRgdNBw7KgUm9NGi4nIYzsJP3BVSMSqC3YjuAK2BKA-z5nKQZVGSNWZz9DTUYDPewV8dPPWUocD8uFBQksXcxiybXDK_WVreErgtNfpAPdmBGbhcUqchYUF-5I5fFSE8D1Vo\" alt=\"Bitcoin mining difficulty rose by 9%\"\/><figcaption>Data: <a href=\"https:\/\/explorer.btc.com\/btc\/insights-pools\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>Daily miner revenue (seven-day average) has hovered around $20 million since mid-June. In total for the first month of summer the figure amounted to $668 million \u2014 26% below May. In July revenue fell another 9%, to $609.7 million.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/bwaD_J6o5jhG52-lAJZFozGg7doo9L0Vk1yQLbmCxKtEbIcgu1eL0t7Zb-LcTGekiJ1inip-f4c6zFPqPN3700au4J3v79bWzBc_cVoKI78vuxOdT1HAzjfgB1SQD8tFEIAOIi_kp3MCDm0AnseKaok\" alt=\"Daily miner revenue (7-day average). Data: Blockchain.com\"\/><figcaption>Daily miner revenue (7-day average). Data: <a href=\"https:\/\/www.blockchain.com\/charts\/miners-revenue\">Blockchain.com<\/a>.<\/figcaption><\/figure>\n<p>In June, major publicly traded miners sold in total about 14,600 BTC, which comprised 23% of their total reserves in the first cryptocurrency. In July the trend continued \u2014 companies liquidated 5,767.9 BTC with a total mined of 3,478 BTC.<\/p>\n<p>Back in May, <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-hits-a-new-high\">mining difficulty<\/a> reached a peak on May 11 (31.25 T), on the eve of the crypto market slump sparked by <a href=\"https:\/\/u1f987.com\/en\/news\/terras-death-spiral-how-and-why-luna-and-ust-collapsed\">Terra&#8217;s collapse<\/a>.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following another recalculation, Bitcoin&#8217;s mining difficulty rose by 9.26% to 30.97 T.<\/p>\n","protected":false},"author":1,"featured_media":66517,"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-66516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66516","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=66516"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66516\/revisions"}],"predecessor-version":[{"id":66518,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/66516\/revisions\/66518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/66517"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=66516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=66516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=66516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}