Bitcoin mining difficulty increased by 4,69%

Bitcoin mining difficulty increased by 4,69%

As a result of another recalculation, the complexity of mining the first cryptocurrency increased by 4,69% - up to 22,67 trillion hashes (T).

Bitcoin mining difficulty increased by 4,69%
Data: BTC.com.

The indicator has risen for the ninth consecutive period after falling due to the mining ban in China.

The difficulty reached its maximum level in mid-May - 25,05 T. The actions of the PRC authorities led to a reduction in the hash rate as a result of a massive shutdown of mining equipment in the country, and the indicator also went down.

The record fell in early July, when the difficulty fell by almost 28%. As a result of the next recalculation, the indicator decreased by another 4,8%, but then moved to growth against the background of the hash rate recovery.

Recall that in August, the United States displaced China from the position of the leader in terms of the share in the bitcoin hashrate, according to the Center for Alternative Finance at the University of Cambridge.

The dominance of the PRC miners ended in March - before their exodus from the country.