Bitcoin mining just got easier — but not for long, as hashrate roars back
Bitcoin’s network hashrate hit an all-time high of over 1.2 trillion on Tuesday and remains elevated despite a drop in difficulty.
The Bitcoin (BTC) mining difficulty fell to 146.7 trillion on Friday as the network hashrate, the average of the total computing power dedicated to securing the decentralized protocol, hit an all-time high of over 1.2 trillion hashes per second.
BTC mining difficulty is down by about 2.7% from the all-time high difficulty level of over 150.8 trillion reached during the previous adjustment period, according to CoinWarz.
However, network hashrate hit an all-time high on Tuesday, and remains elevated above 1.2 trillion, despite a small dip from Tuesday’s all-time high, data from CryptoQuant shows. CoinWarz also forecast: