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BTC $60,631.26 +0.15%
ETH $1,555.90 -2.00%
BNB $573.19 -1.19%
XRP $1.09 -0.97%
SOL $61.68 -4.31%
TRX $0.3206 -0.19%
DOGE $0.0813 +0.08%
ADA $0.1580 -0.55%
BCH $217.29 +0.56%
LINK $7.34 +0.08%
HYPE $57.92 -2.54%
AAVE $59.96 -1.88%
SUI $0.7139 +2.84%
XLM $0.2023 +8.40%
ZEC $343.93 +3.50%

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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