On February 2, Bitcoin mining difficulty reached new highs

Bitcoin mining difficulty peaked on 2 February 2024, rising to 75.50T. According to BTC.com, this figure has increased by 7.33% since the last cutoff. Currently, the average #hashrate on the bitcoin network is an impressive 559.11 EH/s.

It is important to note that the complexity of mining directly affects the total power consumption of the mining #hardware, determining its efficiency in generating cryptocurrency.

Mining complexity and current hash rate. Data: BTC.com.

The next calculation will tentatively take place on 12 February, and BTC.com again predicts an increase of 4.23%.

Meanwhile, on 20 January 2024, #bitcoin's mining difficulty decreased markedly by 3.9%, matching the average hashrate of 479.95 EH/s.