Bitcoin mining difficulty rises after May crash
- June 8, 2022
- 0
On June 8, as a result of another recalculation, the difficulty of mining the first cryptocurrency increased by 1.29% to 30.28 T. The indicator remains below the historical
On June 8, as a result of another recalculation, the difficulty of mining the first cryptocurrency increased by 1.29% to 30.28 T. The indicator remains below the historical maximum reached in May 2022.
The BTC.com service predicts that the indicator will stabilize at the current level after the next recalculation.
On May 25, the gauge fell 4.33% to 29.9 tons, the largest since July 2021.
According to Glassnode, the smoothed 7-day moving average network hashrate of the first cryptocurrency is close to 212 EH/s. Last year, the value increased by almost 50%.
Recall that in May 2022, the revenue of bitcoin miners was $ 906 million – the figure decreased by 22% compared to the previous month.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
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