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ZEC $1,084.83 -10.87%
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MSFT $532.10 -2.34%
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NVDA $217.08 -4.00%
TSLA $362.11 -2.74%
SNDK $1,327.57 -7.00%
INTC $94.43 -5.82%
SPCX $148.40 -4.42%
MU $875.26 -6.25%
AMD $549.47 -7.17%

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

2024-08-26 12:27:36

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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