Cryptocurrency Market

  • Market Cap: $3,353,164,805,952.79
  • 24h Vol: $61,786,240,679.11
  • BTC Dominance: 57.44%

difficulty

bitcoin-sets-new-transaction-milestones-as-top-ten-busiest-days-occurred-in-2024

Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024

In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its busiest transfer day in history on April 23, with 927,010 transactions confirmed in one day. Bitcoin’s High-Traffic […]

Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024 Read More »

historic-drop-in-bitcoin-revenue-leaves-miners-struggling

Historic Drop in Bitcoin Revenue Leaves Miners Struggling

After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s

Historic Drop in Bitcoin Revenue Leaves Miners Struggling Read More »

bitcoin-difficulty-estimated-to-drop-after-5-back-to-back-increases

Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back Increases

Bitcoin’s imminent difficulty change appears to be heading towards a possible decrease, marking the first time in over 73 days, ever since February 12, 2023. The network has witnessed a notable difficulty upswing of approximately 22.62% since block height 778,176. Consequently, with the current block times in place, the mining participants of the network may

Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back Increases Read More »

bitcoin-difficulty-reaches-new-all-time-high-after-fourth-consecutive-increase

Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase

On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11 trillion away from reaching the 50 trillion range. Bitcoin Difficulty Jumps 2.23% Higher

Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase Read More »

bitcoin-hashrate-reaches-400-exahash-per-second,-researcher-says-network-could-reach-zettahash-era-by-2025

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second.

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025 Read More »

bitcoin-network-preps-for-another-difficulty-spike-as-hashrate-remains-strong-and-miners-profit-amid-price-surge

Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge

Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block times have been faster than the ten-minute average. Bitcoin Difficulty Expected to Rise Following the Past Two

Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge Read More »

bitcoin-miners-brace-for-another-projected-difficulty-increase-as-hashrate-heats-up-amid-market-uncertainty

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty Read More »

bitcoin-mining-difficulty-reaches-all-time-high-as-miners-face-second-largest-increase-this-year

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year, as Bitcoin recorded a combined 24.89% increase during the last 60

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year Read More »

bitcoin-network-difficulty-expected-to-see-largest-increase-of-the-year-amid-high-hashrate,-shorter-block-times

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times

After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block height 772,128. Next Bitcoin Difficulty Change

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times Read More »

bitcoin-network-experiences-slight-dip-in-difficulty-after-record-high

Bitcoin Network Experiences Slight Dip in Difficulty After Record High

Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after the network recorded a 14.94% increase in the last month. Bitcoin Difficulty Drops 0.49% Lower; Top Five Mining Pools Continue

Bitcoin Network Experiences Slight Dip in Difficulty After Record High Read More »