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Bitcoin mining difficulty has reached a lifetime high of 29.79 trillion

Bitcoin mining difficulty has reached a lifetime high of 29.79 trillion

Bitcoin's mining difficulty has been readjusted to an all-time high of 29.79 trillion, while its hash rate has also hit an ATH.

The mining trouble of the world's biggest digital currency, Bitcoin has arrived at a lifetime high of 29.79 trillion.

Bitcoin has endured an attack of dealers as it smoothly rose to $39k notwithstanding an uneven more extensive market. Regardless of the unpredictability, its reception proceeds and its mining trouble has never been higher. Zooming out, mining trouble has ascended by roughly 30% since a year prior when the figures were around 23.58 trillion.

Mining Bitcoin has never been so difficult

As per the information assembled by BTC.com, the Bitcoin mining trouble has hit a record high subsequent to ascending by more than 5% on April 27. Since the start of 2022, the measurement has expanded by almost 23% as it went through three positive corrections and two negative ones. The following trouble rearrangement is scheduled for May 10.

Bitcoin Mining Difficulty. Source: BTC.com

Bitcoin's network hash rate, on the other hand, has fluctuated significantly following its price action. It even reached a historic record of more than 258 PE/s on the same day before stabilizing at nearly 222.68 PE/s.

Information from BTC.com further uncovered that Foundry USA lead the diagram contributing the most hash power - 17.05%. It was trailed by AntPool with 14.28%, F2Pool with 13.86%, Poolin with 12.58%, ViaBTC with 11.73%, Binance with 11.30%, and so forth.

BTC iconBTC: $
ETC iconETC: $
LTC iconLTC: $
DOGE iconDOGE: $
KDA iconKDA: $
CKB iconCKB: $
HNS iconHNS: $
ZEC iconZEC: $
DASH iconDASH: $
STC iconSTC: $
GRIN iconGRIN: $
SC iconSC: $