July 19, 2025
Blockchain

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.

Data: BTC.com.

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%.

Data: Glassnode.

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

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