BREAKING
254d 13h ago

Bitcoin Mining Difficulty Surges to All-Time High with 4.38% Increase, Hitting 126.98 T

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On May 31st, a significant update from BTC.com revealed a notable increase in Bitcoin mining difficulty, which adjusted at block height 899,136 at 08:01:30 Beijing time. The latest figures indicate a 4.38% rise, pushing the mining difficulty to an unprecedented 126.98 trillion (T), marking an all-time record. This adjustment reflects the dynamic nature of the Bitcoin network, which continues to adapt to varying mining capacities. Furthermore, the average network hash rate over the past week stands at an impressive 921.04 exahashes per second (EH/s). Such metrics illustrate the robust growth of the Bitcoin ecosystem, underscoring the increasing competition among miners and the network’s resilience. As Bitcoin remains a focal point of cryptocurrency discussions, maintaining awareness of these fluctuations is crucial for enthusiasts and investors alike.

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