{"id":76104,"date":"2023-03-24T10:11:10","date_gmt":"2023-03-24T08:11:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76104"},"modified":"2025-09-10T15:26:57","modified_gmt":"2025-09-10T12:26:57","slug":"bitcoin-mining-difficulty-hits-a-new-all-time-high-3","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-hits-a-new-all-time-high-3\/","title":{"rendered":"Bitcoin mining difficulty hits a new all-time high"},"content":{"rendered":"<p>As a result of another difficulty adjustment, the mining difficulty of the first cryptocurrency rose by 7.56%. The metric reached an all-time high at 46.84 T.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"557\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/image-131-1024x557.png\\\" alt=\\\"image-131\\\" class=\\\"wp-image-202176\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/image-131-1024x557.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-131-300x163.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-131-768x418.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/image-131.png 1177w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Data: <a href=\\\"https:\/\/explorer.btc.com\/btc\/insights-difficulty\\\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>Average hash rate stood at 335.23 EH\/s. Since the start of the year, <span class=\\\"old_tooltip\\\" data-descr=\\\"miner revenue per unit of power consumed\\\">correlated<\/span> metrics have risen by more than 30%.<\/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=1659268705&#038;u=1674993505&#038;zoom=182\\\">Glassnode<\/a>, the smoothed 7-day moving average of network hash power reached 339.7 EH\/s.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"505\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/image-131-1024x505.png\\\" alt=\\\"image-131\\\" class=\\\"wp-image-202175\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/image-131-1024x505.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/image-131-300x148.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-131-768x379.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/image-131.png 1264w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Data: Glassnode.<\/figcaption><\/figure>\n<p>Since the previous increase in difficulty, the <span class=\\\"old_tooltip\\\" data-descr=\\\"miner revenue per unit of power consumed\\\">hashprice<\/span> has risen by more than 37%, thereby increasing miner revenues. The drivers were Bitcoin rallies and a drop in electricity prices in the United States.<\/p>\n<p>The price of the first cryptocurrency has risen by more than 72% since the start of the year. At the time of writing, the asset was trading above $28,400.<\/p>\n<figure class=\\\"wp-block-image size-full\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/Bitcoin-Price-BTC-Live-Price-Chart-News-CoinGecko-Google-Chrome.webp\\\" alt=\\\"Bitcoin-Price-BTC-Live-Price-Chart-News-CoinGecko-Google-Chrome\\\" class=\\\"wp-image-202178\\\"\/><figcaption>Data: <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\\\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>In February, the total revenue of Bitcoin miners <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miner-revenue-rose-4-in-february\">stood at $627.4 million<\/a>, which was <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miners-revenue-rose-27-in-january\">4% higher than January&#8217;s figure<\/a>, according to <a href=\"https:\/\/u1f987.com\/en\/news\/february-in-figures-rising-investor-optimism-bitcoin-outflows-from-centralised-exchanges-and-the-nft-marketplace-showdown\">ForkLog&#8217;s analytical report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a result of another adjustment, the mining difficulty of the first cryptocurrency rose by 7.56%. The indicator reached an all-time high of 46.84 T.<\/p>\n","protected":false},"author":1,"featured_media":76105,"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-76104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76104","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=76104"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76104\/revisions"}],"predecessor-version":[{"id":76106,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76104\/revisions\/76106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/76105"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=76104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=76104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=76104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}