At the end of January 2021, the difficulty of Bitcoin network mining, a measure of how complicated it is to mine a block reward, was higher than it had ever been during the life of the crypto protocol. Right now, Bitcoin’s mining difficulty is a whopping 20.8 trillion, but despite the handicap, Bitcoin miners have continued to keep the network’s hashrate hot.
Bitcoin difficulty touches 20.82 trillion
Bitcoin (BTC) Prices have been higher than ever and despite the temporary drop below $ 30,000 on January 21, the crypto asset has managed to stay above that range. This has resulted in a large number of ASIC mining machines benefiting from the current price per year BTC including older generation mining facilities.
Even so, the current Bitcoin (BTC) The level of difficulty in mining is the highest ever in the last 12 years of operation. The main difficulty is how hard it is for a miner to mine a BTC Basically block or find a hash under a specific target.
The higher the level of difficulty, the more It is complicated for all mining participants trying to find Bitcoin blocks on a particular day. At the time of publication, public data shows the BTC The difficulty of the chain is approximately 20.823.531.150.111 or 20.82T.
Small leap in difficulty Expected in less than two weeks, Bitcoin hashrate is running hot over 150 Exahash
There are around 22 mining pools dedicated to SHA256 hashrate BTC Chain and usually there were only about 18 for most months of last year. Currently, these pools have the BTC Hashrate over the range of 150 exahash per second (eH / s).
In the past two months BTCThe hashrate has stabilized between 140 and 165 EH / s. At current speeds, the difficulty seems to jump just a hair higher at + 0.11% to 20.85T in 12 days.
The five best pools are currently being dismantled BTC Today include F2pool (23 EH / s), Poolin (19.2 EH / s), Binance Pool (17.1 EH / s), Btc.com (16.5 EH / s) and Antpool (12.4 EH / s) s). These five top mining pools now have 61.45% of the total SHA256 hashrate, while 17 mining pools collect 38.55% of the remaining hash rate.
What do you think of the current mining difficulties reaching a lifetime high? Let us know what you think on this matter in the comments section below.
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