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BTC $68,471.97 +2.10%
ETH $2,125.07 +2.71%
BNB $612.84 +0.52%
XRP $1.35 +2.35%
SOL $83.28 +2.57%
TRX $0.3154 +1.06%
DOGE $0.0927 +2.26%
ADA $0.2483 +3.24%
BCH $457.94 -3.37%
LINK $8.97 +3.33%
HYPE $37.02 +2.24%
AAVE $99.75 +2.50%
SUI $0.8971 +3.69%
XLM $0.1719 +4.08%
ZEC $243.00 -1.79%

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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