Bitcoin’s Mining Difficulty Rises for the First Time in 57 Journées, BTC Hashrate Slipped 1.7% Lower in Q2

The mining difficulty tied to the Bitcoin network increased for the first time in 57 jours, en hausse 1.74% higher than the last two weeks. pendant ce temps, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022. After reaching 292 exahash par seconde (EH/s) on June 8, Bitcoin’s hashrate today is coasting along below the 200 EH/s mark at 182 EH/s.

Bitcoin’s Difficulty Increases, Making It More Difficult to Discover Block Rewards for the Next 2 Semaines

Following the three consecutive difficulty adjustment algorithm (DAA) reductions over the last six weeks, the DAA has shifted upwards for the first time since June 8. En août 4, at block height 747,936, the difficulty increased by 1.74%, bringing the metric up from 27.69 trillion to the current 28.20 mille milliards.

Bitcoin's Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
Bitcoin’s mining difficulty changed on August 4, 2022, at block height 747,936.

The DAA, or difficulty epoch, changes every 2,016 blocks or roughly every two weeks. The DAA increases when the 2,016 blocks are discovered too fast and the metric decreases when the discovery time is too slow. Satoshi Nakamoto’s design makes it so roughly every ten minutes, a new BTC block is found as the DAA system is modeled by a Poisson distribution scheme.

Bitcoin's Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
Bitcoin hashrate on August 4, 2022.

Since the 1.74% increase on Thursday, it is now harder to find a bitcoin block than it was during the last two weeks. Prior to the rise, the DAA shifted downwards three times in a row after June 8. Actuellement, the network’s 28.20 trillion difficulty metric is 9.76% lower than the all-time high in mid-May when it tapped 31.25 million.

With lower BTC prices and the latest difficulty increase, the changes could affect miners negatively during the next two weeks. At press time, the network’s computational power is under the 200 Zone EH/s, as it’s coasting along at 182 EH/s today.

Bitcoin's Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
First and second quarter hashrate data compiled by stockapps.com’s Edith Muthoni.

The overall Bitcoin hashrate slipped 1.7% lower in Q2 2022 compared to the first quarter, selon statistics compiled by stockapps.com’s fintech expert Edith Muthoni. “In the second half of the second quarter, Bitcoin’s overall hash rate grew more irregular and variable,” Muthoni notes in her research. “This behavior indicates miners are struggling to adapt to the changing market conditions.”

At 182 EH/s, Bitcoin’s hashrate is 37% lower than the 292 EH/s all-time high posted on June 8. Second quarter data indicates that Foundry USA was the top mining pool, capturing 22.27% of Q2’s overall hashrate. Foundry discovered 2,843 BTC blocks out of the 12,766 blocks found in Q2.

Antpool followed Foundry with 14.77% of the global hashrate as the pool discovered 1,885 blocks during the three-month period. The third largest mining pool in Q2 2022 was F2pool, avec 14.31% du hashrate mondial, as it mined 1,827 out of the 12,766 blocks discovered in the second quarter.

Mots clés dans cette histoire
Antpool, Bitcoin Miners, Extraction de bitcoins, block height 747936, Blocs, BTC blocks, Exploitation minière BTC, BTC Mining pools, DAA, DAA decrease, DAA rise, difficulty, difficulty increase, F2Pool, Fonderie, puissance de hachage, Taux de hachage, mining, Mining Pools, Poisson distribution, Satoshi Nakamoto’s design

What do you think about Bitcoin’s difficulty rising 1.74% higher? Let us know your thoughts about this subject in the comments section below.

Jamie Redman

Jamie Redman est le responsable de l'actualité chez krakow3d.com News et un journaliste spécialisé dans les technologies financières vivant en Floride. Redman est un membre actif de la communauté des crypto-monnaies depuis 2011. Il a une passion pour Bitcoin, code open-source, et applications décentralisées. Depuis septembre 2015, Redman a écrit plus de 5,700 articles pour krakow3d.com Nouvelles sur les protocoles perturbateurs qui émergent aujourd'hui.




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