Bitcoin mining difficulty increase

Quick Summary:

Bitcoin’s Mining Difficulty Increases by 4.12% on October 9 On October 9, 2024, Bitcoin’s mining difficulty surged by 4.12%, reaching a new high of 92.05 T (tera hashes), according to data from CloverPool (formerly BTC.com).

This increase occurred at 06:46 UTC, with the average hash rate recorded at 680.43 EH/s (exa hashes per second).

As the next difficulty adjustment approaches, stakeholders will watch closely to gauge the ongoing balance between network security, miner profitability, and energy consumption.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News BITCOIN

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 13:17:57 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22979955

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 14 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 15 hours ago

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