BTC Mining Difficulty Reaches a New Record High

The difficulty of mining BTC has increased by 3.45% and reached a record high of 32.05 T as a result of the latest recalculation.

Now, the average network hash rate for the period between the last adjustments of the indicator amounts to 229.4 EH/s. Last September 12, the total computing power of the Bitcoin network hit a record high at 232.4 EH/s.

The previous high, according to Glassnode, was recorded on June 11, while the record difficulty was hit a month earlier, on May 11, coinciding with the fall of the crypto market triggered by the collapse of the Terra ecosystem.

We should remember that the difficulty of mining the digital version of gold approached the May mark at the end of August.