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BTC $71,481.13 +4.62%
ETH $2,220.88 +6.66%
BNB $606.46 +1.16%
XRP $1.36 +4.24%
SOL $83.29 +5.46%
TRX $0.3176 +1.16%
DOGE $0.0934 +3.11%
ADA $0.2541 +4.68%
BCH $444.78 +2.45%
LINK $9.05 +4.88%
HYPE $38.70 +7.01%
AAVE $94.04 +8.80%
SUI $0.9342 +7.98%
XLM $0.1592 +3.19%
ZEC $329.87 +23.07%

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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