{"id":76837,"date":"2023-04-07T12:20:03","date_gmt":"2023-04-07T09:20:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76837"},"modified":"2025-09-10T19:43:14","modified_gmt":"2025-09-10T16:43:14","slug":"bitcoin-mining-difficulty-hits-a-new-high-5","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-mining-difficulty-hits-a-new-high-5\/","title":{"rendered":"Bitcoin mining difficulty hits a new high"},"content":{"rendered":"<p>As a result of the latest adjustment <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-hashrate-and-mining-difficulty-in-cryptocurrencies\">Bitcoin mining difficulty<\/a> rose by 2.23%. The metric hit a new all-time high of 47.89 T.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/QHC3ThXQagL6DBH2fSU-WwrsYwmtULgPRkhgfGFha1ATpjbazcZgLM3FN7S3-0n7jhsVcJa2hwJSs-O8ONhTgS542LiLILTwPEbTF7J0jgLYZVB7Q8arL8BA2Y6qcYnV-f2iNYcgpQPotrNi517cugM\" alt=\"Bitcoin mining difficulty hits a new high\"\/><figcaption>Data: <a href=\"https:\/\/explorer.btc.com\/btc\/insights-difficulty\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>Average hashrate over roughly two weeks since the previous adjustment also stood at a record 342.16 EH\/s. 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 rose above 350 EH\/s, before easing to around 340 EH\/s.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/QEzCmznuVen9SkiVRGHkebLOKfadycGk_VH0FtM-BejIjfFLkBO5MavWb8F28xTlGh4w_oBly-zL4uopoCdAsKDI1J5WjH8QyAJtgS5ri_kU9lxITlGKo5f5A1QtsvBxTwKeI7Wa0hJraPoGP7dSnwo\" alt=\"Bitcoin mining difficulty hits a new high\"\/><figcaption>Data: Glassnode.<\/figcaption><\/figure>\n<p>In terms of pools, Foundry USA maintains a comfortable lead with a 34.31% share of the total hashrate. Following it is AntPool at 18.96%. These two entities control more than 53% of the network&#8217;s computing power (read ForkLog&#8217;s educational cards about <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-51-attack\">51% attack<\/a>).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/lUM4e9w0Zg-IbtJe5TkPWt8BKPMJEDma2_GhEpOpJYGzAORf3qvD1ixy28-tB_qmRUqx3eGHkol1WIPXApepf8Pb5qwnxWzJdEv2qIAsqKkwmXfV1z7nkDHB4AJfPE_cR_PTthe7HsmJ0ikLJO1Yuf8\" alt=\"BTC.com pools data\"\/><figcaption>Data: <a href=\"https:\/\/explorer.btc.com\/btc\/insights-pools\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>Since the start of the year, difficulty has risen by 35.4%, weighing on Bitcoin mining profitability. The rally in cryptocurrencies supported miners&#8217; income. As of writing, digital gold is trading near $27,875 \u2014 about 68.5% above January levels (<a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a>).<\/p>\n<p>As of April 7, <span data-descr=\"miner revenue per unit of hash power\" class=\"old_tooltip\">hashprice<\/span> stands at $0.076 per TH per day. A year ago the metric stood at $0.19, a decline of more than 60%, despite a partial recovery since the start of 2023.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/ykT0eHqc9cFqXy4-wl3gM5WDCGpJDFclvG8S8YDabpwDUKfcTw3eEOff0C3qUafroERsEQjCybWLzakzNKjWl4uxJDTphbO3ti3GcaTN5JYIUPI9OPdE-6QB5sOjdRTy5LjYobJ4j_4TdZtlL32nAeo\" alt=\"Hashrate Index chart\"\/><figcaption>Data: <a href=\"https:\/\/data.hashrateindex.com\/chart\/bitcoin-hashprice-index\">Hashrate Index<\/a>.<\/figcaption><\/figure>\n<p>Back in March, total miner revenue <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miners-revenue-rose-21-in-march\">reached $757.8 million<\/a>, up 21% from February. In the last month of winter, the figure <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miner-revenue-rose-4-in-february\">stood at $627.4 million<\/a> \u2014 up 4% from January.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a result of the latest adjustment Bitcoin mining difficulty rose by 2.23%. The metric hit a new all-time high of 47.89 T.<\/p>\n","protected":false},"author":1,"featured_media":76838,"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-76837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76837","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=76837"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76837\/revisions"}],"predecessor-version":[{"id":76839,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76837\/revisions\/76839"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/76838"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=76837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=76837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=76837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}