Bitcoin mining difficulty decreased by 0.98%

On March 28, 2024, Bitcoin mining difficulty reached 83.13 T. According to BTC.com, this figure has decreased by 0.98% since the last adjustment.

The average #hashrate on the Bitcoin network is currently 594.93 EH/s. It's worth noting that the difficulty of mining determines the total power required for cryptocurrency mining equipment. If this figure increases, the #halving date is approaching.

Bitcoin mining complexity and hash rate. Source: BTC.com.

Given the current data, this event could occur in April 2024, with a subsequent difficulty adjustment expected around April 11, according to BTC.com's analysis, with a projected decline of 0.12%.

As a reminder, the difficulty of #mining bitcoin reached an all-time high of 83.95T on March 14, 2024.