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Bitcoin Mining Difficulty Reaches 127.6T, Marks All-Time High

YM Lee

Summary

It was reported that Bitcoin mining difficulty hit a record high of 127.6T.
It was noted that after a decline between June and July, mining difficulty has recovered a long-term upward trend since late July.
CoinWarz predicted that on the next adjustment date, the 9th, mining difficulty is expected to decrease by about 3%.

Bitcoin (BTC) mining difficulty has reached an all-time high.

According to on-chain data platform CryptoQuant on the 3rd (local time), Bitcoin mining difficulty recorded approximately 127.6T, hitting its highest level ever. Although the mining difficulty experienced a decline between June and July, it began recovering a long-term upward trend since the end of July.

According to analysis by CoinWarz, on the next adjustment date, which is the 9th, mining difficulty is expected to be adjusted down by about 3% to 123.7T.

BTC

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE

PiCK

Bitcoin Mining Difficulty Reaches 127.6T, Marks All-Time High

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