Another record: the complexity of BTC mining has risen to a new level

  • Ultramining.com
  • 30 January, 2023 20:13
Another record: the complexity of BTC mining has risen to a new level

After recalculating the complexity recorded an increase of 4.68%, and this value once again became a record. The index reached 39.35T. 

Based on the information provided by Glassnode, the seven-day moving average of the network’s hashrate is 291 Eh/s. 

As for hashprice, this parameter reached $0.075 Th/s per day and has kept its positions close to the maximum for three months. 

The market continues to show record bitcoin mining difficulty, even though the coin is still far from reaching its record values recorded in 2021. 

ETH’s transition to a new algorithm, the activation of large miners with more productive equipment, and the general increase in the number of participants in the network all lead to the fact that the hash rate continues to increase actively. 

However, sometimes even solo miners with a completely small hash rate and weak equipment can mine a block. For example, recently luck smiled on a miner whose device was only 10 Th/s. 

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