$98,880.00
0.53%$3,472.95
5.02%$8.70
40.21%$262.81
2.64%$675.51
8.61%$1.57
8.98%$0.462097
15.04%$1.13
24.02%$1.00
0.05%$3,473.53
5.24%$0.219893
10.34%$43.06
11.03%$0.00002745
10.71%$6.26
14.36%$4,115.23
5.00%$0.487566
66.01%$98,556.00
0.59%$17.76
17.19%$531.59
10.27%$3.64
4.14%$3,470.37
5.02%$0.0000219
7.58%$8.64
-2.18%$6.48
15.76%$104.18
15.93%$13.09
10.51%$10.93
16.05%$3,660.90
5.21%$0.152633
16.27%$11.68
17.30%$0.19824
6.17%$1.00
0.24%$0.583509
27.82%$30.77
11.44%$8.10
12.75%$0.162006
10.00%$540.22
10.37%$0.00005093
2.24%$1.002
-0.06%$1.43
16.02%$0.873475
10.06%$0.0442065
36.43%$24.71
-0.01%$3.52
12.80%$3.75
2.02%$8.59
19.76%$5.34
15.84%$2.11
11.59%$52.26
14.94%$163.85
2.92%$0.880269
4.48%$2.30
5.92%$6.66
21.26%$29.13
19.31%$182.98
11.68%$1.62
20.31%$0.00026172
5.10%$0.304339
30.02%$0.903987
29.78%$0.253802
18.85%$0.539254
13.81%$0.997525
-0.23%$1.58
7.28%$3,464.36
4.72%$5.92
13.62%$1.96
16.53%$0.665922
13.21%$6.15
0.78%$3,841.71
4.20%$0.178531
13.83%$3,639.34
5.30%$2.41
11.25%$98,924.00
0.74%$1.19
7.99%$1.093
12.68%$0.430622
8.41%$1.58
6.00%$3,567.37
5.26%$105.41
24.79%$98,298.00
0.43%$1,728.25
5.73%$22.96
31.59%$73.28
9.73%$0.0347499
23.69%$11.09
9.31%$323.96
2.46%$11.42
3.48%$0.585691
28.35%$0.00000137
18.29%$0.84051
18.36%$0.02385043
14.03%$1.25
6.56%$0.593706
12.88%$0.02348147
6.01%$1.38
13.07%$0.793058
16.37%$1.18
9.59%$0.02364011
18.90%$0.00000274
4.58%$6.19
12.88%$99,025.00
1.55%$277.23
2.68%$3.16
0.49%$6.87
19.65%$14.84
13.42%$1.49
16.09%$3,458.04
4.60%$0.175536
12.34%$36.93
24.25%$0.422525
21.02%$1.43
10.59%$4.06
9.51%$12.13
4.92%$0.520616
24.84%$98,717.00
0.70%$97,897.00
0.42%$0.851263
16.19%$1.037
8.12%$0.460851
14.60%$1.30
13.78%$0.00004714
8.23%$0.917318
6.54%$3,559.34
4.07%$0.01017047
5.11%$266.88
2.34%$5.53
10.82%$1.39
5.89%$0.748142
13.81%$40.29
10.17%$0.00812662
14.65%$0.00193443
11.06%$0.054156
16.86%$0.173817
14.20%$0.0878
17.15%$0.223152
25.01%$0.999252
-0.17%$0.00759537
4.95%$49.88
13.02%$0.271979
18.84%$279.23
7.00%$3,474.57
5.26%$2.22
10.15%$21.09
9.45%$0.01000608
7.95%$0.804913
13.20%$1.50
16.89%$3,475.16
5.19%$2.06
15.11%$0.100075
23.15%$2,720.94
0.48%$0.00012109
7.33%$2.25
16.22%$0.996688
-0.09%$0.01425853
10.54%$3,763.65
5.32%$0.504773
16.64%$1.38
13.83%$0.169466
10.80%$0.205594
12.38%$0.292068
17.53%$33.48
3.56%$66.00
23.09%$1.61
15.21%$3,467.60
5.20%$0.574863
12.37%$0.999874
-0.04%$0.076651
18.19%$0.00813092
8.30%$0.512776
13.51%$1.10
7.25%$98,437.00
1.55%$2.26
16.02%$0.587225
14.07%$2,734.94
1.10%$0.00000026
8.97%$0.080061
-0.43%$3,385.99
2.14%$98,455.00
0.19%$33.29
56.55%$0.00000052
8.71%$2.75
10.90%$8.84
5.87%$3,469.87
5.07%$98,747.00
1.20%$1.001
-0.18%$0.00145545
-2.63%$0.072971
10.64%$0.376869
11.81%$3.66
1.42%$0.02472468
18.44%$0.473083
-3.98%$3.93
3.11%$0.252072
16.04%$0.00866197
15.67%$1.11
14.60%$0.481664
5.15%$0.821067
16.38%$3,724.49
5.27%$0.01455742
13.09%$0.459412
7.00%$4.02
12.14%$3,471.17
4.71%$8.87
15.02%$2.11
13.70%$1.053
-0.98%$1.045
8.94%$0.0024494
16.90%$1.00
-0.32%$3,633.82
4.74%$11.94
14.95%$2.00
13.54%$0.616064
12.59%$50.04
9.43%$1.00
0.11%$0.04487817
8.75%$0.236297
19.94%$34.75
21.06%$0.00512727
11.36%$0.414771
5.68%$3.80
9.94%$6.67
1.99%$0.480156
10.60%$0.996887
-0.40%$3.82
16.31%$0.0402082
21.42%$96.75
-1.01%$1.062
0.04%$3,825.94
4.69%$0.00
14.86%$1.027
20.93%$0.388039
10.51%$0.258306
18.75%$0.346201
5.30%$1,985.47
0.53%$3,686.02
4.50%$4.86
6.85%$0.0393304
-3.59%$0.00649487
8.81%$98,626.00
0.56%$0.719456
11.47%$0.911487
6.61%$1.001
0.11%$1.43
8.02%$0.02533762
13.60%$0.359578
24.24%$0.658084
5.26%$0.03637838
8.61%$0.02096893
9.03%
The difficulty of mining a Bitcoin block ramped up by 3.6% today, marking an all-time high for the network. But the adjustment does put additional pressure on miners.
While not the most significant leap in difficulty adjustment history, the 3.6% hike brought Bitcoin's total network difficulty to a record high of 17.56 trillion (T). The last time network difficulty came close to that figure was in July.
#Bitcoin mining difficulty increased by 3.6% and is at an all-time high.
Chart: https://t.co/unDzaUVC17 pic.twitter.com/A00CuQvOJH
— glassnode (@glassnode) August 24, 2020
Bitcoin mining difficulty is adjusted approximately every two weeks. When blocks are being mined too quickly or too slowly, the difficulty adjusts to bring the speed back in check.
An upward adjustment in Bitcoin mining difficulty is typically linked to an likewise increase in network hashing power—the amount of computing power on the network.
Indeed, on August 15, Bitcoin's hash rate hit its own record high of 136 exahashes per second (EH/s). After a brief slump in the following week, the hash rate recovered to around 120 EH/s—apparently thanks to floods in China, a prime region for Bitcoin mining due to cheap hydroelectric power. And it’s set to continue breaking new highs.
According to Thomas Heller, chief operating officer at Bitcoin mining firm HASHR8, the amalgamated rise of both hash rate and difficulty could spell trouble for less sophisticated miners.
"If difficulty and hash rate continue to rise, the old-gen machines will struggle to keep mining," Heller explained, adding, "The S9 is the most common machine still mining, and it's still profitable at $0.03/kWh power which is available for hosting in China right now. However, after October, when the rainy season is over, and hosting prices are $0.05/kWh+, then it's probable that S9s will not be profitable at that price point."
Per data from BTC.com, the next difficulty adjustment, penned for September 7, is estimated to bring yet another increase, this time by 3.5%, pushing Bitcoin's network difficulty to another all-time high and past 18 trillion territory. There’s all to mine for.
