Today, Bitcoin's network difficulty is expected to increase 4.24% within the next 13 hours, reaching an all-time high.
As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime High
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty is expected to increase 4.24% within the next 13 hours.Bitcoin miners caught two breaks during the last month when the difficulty dropped two times in a row. The first 1.
At the time of writing, the network’s hashrate is coasting along at 204.27 EH/s and has remained high during the last two weeks. While the hashrate has been fluctuating it has tapped a low of 153.97 EH/s on March 6, and a high of 246.88 EH/s on March 22. At the same time, the top mining pool on Wednesday is Foundry USA with 17.54% of the global hashrate. Foundry USA has 35.88 EH/s of hashpower and has found 77 blocks during the last three days.
In terms of global hashrate positions, Foundry USA is followed by Antpool, Binance Pool, Poolin, and F2pool, respectively. Over the last 30 days, Foundry USA and Antpool have been the top two mining pools finding the most blocks last month. It will be interesting to see how the mining pools deal with the upcoming difficulty ATH. Observers will be watching to see how bitcoin miners and the hashrate react to the epoch difficulty change.
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