Bitcoin mining The level of difficulty exceeds 50 t for the first time

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Von Krypto News Österreich

The price of Bitcoin is still moving in a narrow bandwidth, but it has never been so difficult to dismantle the world's largest crypto asset as it is now. His network foundal data draw a decidedly optimistic picture.

  • According to data from BTC.com, Bitcoin mining difficulty increased to 50.68 trillions this week and thus reached a new all-time high.
  • The last difficulty adjustment took place at the block height 792.288, which meant an increase of 3.4 % on May 31. This is the first time that Bitcoin has a level of difficulty over the 50-billion mark.
  • A further proof of the conviction and competition of the miners is the network-hash rate, which is near their all-time high of 400 EH/S.
  • Foundry USA led the field and contributed the highest hash rate with a market share of 28.9 %. Next followed Antpool with 22.6 %, followed by F2Pool with a sovereign dominance of 14.1 %.
  • The climb is a welcome breathing space for the Bitcoin miner after they suffered enormously from the market turbulence last year.
  • The latest ordinal trend, for example, helped the miners of the network by draining the transaction fees.
  • In fact, the daily mining revenue achieved a five -year high last month, which was supposedly a rare event.
  • Due to the popularity of ordinals, miners are increasingly using more mining machines and thus increasing the computing power of the network.
    • Meanwhile, most Bitcoin mining shares in the United States recorded profits this week because President Joe Biden agreed to abolish the planned tax of 30 % on the electricity used by the company.
  • riot Platforms led the winners among the large mining stocks, followed by Iris Energy, Hive Blockchain, Claanspark and Hut 8 Miningund Marathon Digital Holding.

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