Bitcoin Mining Difficulty Surges by 10.5%

The latest recalibration has seen the difficulty of mining the premier cryptocurrency rise by 10.5%, reaching 90.67 T. 

The average hashrate since the previous adjustment was 933.84 EH/s, with the interval between blocks being less than seven minutes.

According to Glassnode, the smoothed 7-day moving average of computational power reached peak levels of approximately 637 EH/s.

Following the difficulty update, the hashprice fell to $48.25 per PH per day (Hashrate Index).

In July, BRN analyst Valentin Fournier noted that Bitcoin mining companies likely commenced a new phase of coin accumulation to capitalize on potential asset growth. 

That same month, MARA (formerly Marathon Digital) increased its reserves to 20,000 BTC (~$1.3 billion). The mining company additionally spent $100 million for these purposes.

Earlier, Bernstein positively assessed the impact of the “Trump factor” on digital gold mining companies.