Bitcoin Hash Rate Surpasses 1 ZH/s for First Time Since March
BTC when published $81,246Now $80,598 ▼ −0.80% since it was published
The seven-day average hash rate of the leading cryptocurrency has exceeded 1 ZH/s (1000 EH/s), reaching its highest level since early March, according to analysts at BlocksBridge Consulting. Following the increase in computational power, mining difficulty also rose. During the latest adjustment on October 16, the difficulty increased by 5.92% to 140.58 T. BlocksBridge expects another increase of approximately 5.16% in the next adjustment. Analysts noted that this estimate may change as new blocks are mined. If the forecast holds, difficulty will have risen by 11.4% over two consecutive periods. Experts believe this will intensify competition among miners remaining in the network. All else being equal, each operator will find it harder to mine the same amount of bitcoins.
First reported by ForkLog. This page is a short excerpt; the full text is theirs.
