The difficulty of the Bitcoin network increases next to the hash rate: data

The difficulty of the Bitcoin network increases next to the hash rate: data

After severe turbulence in the Bitcoin mining industry last year, there seems to be a clear upswing since early 2023.

While it has become even more difficult to reduce BTC, the income of the miners has also increased for such companies in an urgently needed breathing space. Bitcoin's network-hash rate, which is in a constant upward trend, has climbed to another record high of 342.16 EH/S.

• Foundry USA and Antpool dominated the hash rate with 33.9 % or 18.7 %.
• Troop after the hash rate, the mining difficulty also reached an all-time high for the fourth time in a row-an increase of more than 2 %.
• mining The difficulty determines the computing power that is necessary to reduce a block in the blockchain.
• According to Blockchain.com data, the latest push increased the metric on April 7 to 47.89 trillion at a block height of 784.224.
The Bitcoin network previously experienced a clearer increase of almost 8 %on March 23. The two previous climbs, on the other hand, were around 1.16 % and 9.9 %.
• In addition to increases of difficulty and hashates, Bitcoin's miner revenue also reacted positively.
• The data showed that the miners' income has increased by almost 70 % since the beginning of the year.
• While the miners' revenue improved in the later phase of 2022, the number had only increased significantly in March of this year. In the past month alone, she rose by 27 %.
• Bitcoin mining companies were stood in 2022 a difficult year, since the prices went back and some of them were forced to reduce the company or look for alternative sources of income. Some miners fought for survival, others had to close, some registered bankruptcy.

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