Bitcoin mining difficulty reaches record high

On October 1, following another recalculation, the mining difficulty of the first cryptocurrency reached 150.8 T. The indicator increased by 5.9%, setting a new all-time high.

Difficulty has been increasing since mid-July. The inter-block interval has been consistently below 10 minutes, but most recently exceeded 11 minutes. The current forecast for the metric is a 1.7% decrease to 148.1 T.

According to Glassnode, the hashrate (7 DMA) is consistently above 1 ZH/s.

According to BitcoinMiningStock, public mining companies have increased their share of total computing power to 39.8%.

Among pools, Foundry USA accounts for 29.7% of the hashrate, AntPool for 15.5%, and F2Pool for 14.8%. Combined, the three entities control approximately 60%.

According to the Hashrate Index, the hashrate price has increased from $49.8 to $50.3 per PH/s per day over the past 24 hours. This mining profitability metric has risen amid changes in network difficulty and the recovery of digital gold to above $120,000.

As a reminder, at the end of September, it was announced that Bitcoin miner TeraWulf would raise $3 billion for the construction of data centers with the assistance of Morgan Stanley.

Источник: cryptocurrency.tech