Bitcoin mining difficulty hits a new high
As a result of another recalculation Bitcoin mining difficulty for the first cryptocurrency rose by 5%. The metric reached a new high of 67.96 T.
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The average hash rate for the period since the previous adjustment stood at 486 EH/s. The block interval was just over 9.5 minutes.
According to Glassnode, on November 25 the smoothed 7-day moving average reached a high of 507.1 EH/s. After that it corrected and, at the time of writing, stands at 499.1 EH/s.
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According to Hashrate Index data, over the last 24 hours hashprice fell from $80.4 per PH per day to $76.
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On November 12, daily earnings of Bitcoin miners stood at about $44 million — a record for 2023.
According to Bloomberg, the issuer of the most popular stablecoin USDT, Tether is investing $500 million in Bitcoin mining.
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