Bitcoin Hashrate Breakout Leads To Largest Difficulty Adjustment In A Year, But Why? | Bitcoinist.com

Data shows the recent surge in the Bitcoin hashrate has now resulted in the largest difficulty adjustment to the network in over a year.

Bitcoin Mining Difficulty Spikes Up Following ATH In Hashrate

According to the latest weekly report from Arcane Research, the BTC block production rate reached a value of almost 7 recently after the hashrate surge.

The “mining hashrate” is an indicator that measures the total amount of computing power connected to the Bitcoin blockchain.

Using this available hashrate, miners hash blocks (or more simply, handle transactions) on the network, and the pace at which they do this process is known as the block production rate.

As a part of its features, the BTC chain aims to keep it so that this rate rema