mining difficulty – Bold Players

Miners finally see some relief as difficulty decreases 7.32%, making it the largest difficulty reduction in 2022

The crypto industry has always been highly volatile, but few could have predicted the turmoil it experienced in 2022. This year has been unprecedented for the industry, with every aspect affected by the collapse of Luna and FTX. Aside from retail investors who took considerable losses in these black swan events, Bitcoin miners remain the…

Research: Bitcoin mining difficulty adjusts over 13%, the highest since May 2021

The Bitcoin network has reached its all-time high in terms of hash rate, surpassing most projections. The network’s total hash rate currently stands at 240 EH/s and is expected to increase even further. The current hash rate represents a 3x increase from the network’s lows in July 2021 when a government ban triggered a miner…