Bitcoin Difficulty Soars to Record 62.46 Trillion, Miners Unfazed Amidst Tight Competition Between Foundry and Antpool

On October 29, 2023, Bitcoin’s trouble roseate 2.35%, reaching a grounds 62.46 trillion. This uptick represented the 4th consecutive emergence implicit the preceding six weeks. The adjacent trouble epoch is slated for November 12, 2023, and arsenic it stands, the caller spate of increases seems to person near miners undeterred, with the full hashrate demonstrating some resilience and stability.

Bitcoin Difficulty Marks 2.35% Uptick successful Fourth Consecutive Rise

After a 6.47% summation connected October 16, Bitcoin’s trouble has risen again. On October 29, 2023, astatine artifact tallness 814,464, the web saw a 2.35% boost successful difficulty, moving from 61.03 trillion to a caller precocious of 62.46 trillion.

This improvement has made mining bitcoin artifact rewards much challenging than astatine immoderate erstwhile constituent successful history. Despite this accrued complexity, bitcoin miners stay unfazed, sustaining a full hashrate of conscionable supra 450 exahash per 2nd (EH/s).

Currently, artifact times stay beneath the ten-minute average, with information indicating speeds ranging from 9 minutes and 17 seconds to somewhat supra the nine-minute people per block. A full of 42 mining pools are contributing a minimum of 3 gigahash per 2nd (GH/s) to the Bitcoin blockchain.

Furthermore, astir 17 pools boast upwards of 1 EH/s of hashpower dedicated to mining bitcoin. On October 30, 2023, astir 26 mining pools are operating with astir 1 petahash per 2nd (PH/s) of hashpower.

A specified 48 hours ago, Antpool held the reins arsenic the predominant mining pool. However, caller statistic uncover that Foundry has taken the lead, boasting 27.02% of the full hashrate, portion Antpool follows intimately with 26.58%.

Together, these 2 pools govern a staggering 53.6% of the network’s full hashrate. Over the past week, Foundry and Antpool person been locked successful a adjacent contention successful presumption of hashrate, with Foundry somewhat up connected October 30, with 120 EH/s compared to Antpool’s 118 EH/s.

What bash you deliberation astir the caller trouble rise? Share your thoughts and opinions astir this taxable successful the comments conception below.