Bitcoin mining difficulty climbs to a fresh all-time high

As a result of another adjustment to mining difficulty for the first cryptocurrency, it rose by 6.17%, updating the all-time high to 55.6 T.

Average hash rate for the period since the previous adjustment stands at 399.36 EH/s. The block interval was 9.5 minutes.

According to Glassnode, on August 17 the smoothed 7-day moving average metric reached a maximum of 414 EH/s.

According to Hashrate Index, over the last 24 hours hashprice fell by 5% — from $63 per PH per day to $60.

Genesis Digital Assets expanded its bitcoin mining capacity in Sweden with the launch of a new data centre. The 417 MW facility is located in the north of the country near a hydroelectric plant in Porjus.

On the night of August 19, a solo miner mined block #803 821 in the Bitcoin network and received 6.31 BTC as a reward, including fees.

Hardware maker Bitmain launched a volatility-protection mechanism for its customers. For three months after purchasing an S19j XP installation, the company was obliged to pay compensation if Bitcoin prices fall more than 20%.