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BTC $76,734.97 -0.22%
ETH $2,131.48 +0.67%
BNB $642.79 -0.08%
XRP $1.38 -0.72%
SOL $85.10 +0.14%
TRX $0.3567 +0.05%
DOGE $0.1045 -1.75%
ADA $0.2516 +0.54%
BCH $379.99 -1.31%
LINK $9.69 +1.95%
HYPE $47.95 +5.83%
AAVE $89.21 +1.01%
SUI $1.06 +1.43%
XLM $0.1468 -1.78%
ZEC $574.66 +7.06%

Data: Bitcoin hash rate is approaching its peak, and mining difficulty may reach a new high

2024-08-26 12:27:36
Collection

ChainCatcher message, according to Luxor's hashrateindex.com data, Bitcoin's hash rate is currently hovering around 660 EH/s, just 17 EH/s lower than the peak of 677 EH/s recorded on July 25, 2024.

Analysis indicates that although mining difficulty was recently reduced by 4.19%, current forecasts suggest that the difficulty reduction may become a thing of the past. On August 28, Bitcoin mining difficulty is expected to increase by 4% or more, which could push it to a historical high of 90.67 T.

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