Data shows the Bitcoin mining difficulty has set a new all-time high after observing a 13.5% jump during the latest adjustment.
Bitcoin Mining Difficulty Sees Highest Single Increase Since May 2021
According to data from BTC.com, the BTC mining difficulty now has a value of 35.61T after the adjustment today, marking a new ATH.
An indicator that’s relevant to the mining difficulty is the hashrate, which measures the total amount of computing power connected to the Bitcoin network.
Here is a chart that shows the trend in this metric over the past year:
Looks like the value of the metric has sharply surged up during recent days | Source: Blockchain.com
As you can see in the above graph, the Bitcoin mining hashrate spiked up and set a new all-time high j
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