Bitcoin Mining Difficulty Surpasses 100 T for the First Time

Following the latest recalibration, the difficulty of mining the leading cryptocurrency surged by 6.24%, reaching an unprecedented 101.65 T.

The average hash rate during the two-week calculation period slightly decreased to 680 EH/s, but it currently exceeds 720 EH/s again.

According to Glassnode, on October 31, the smoothed 7-day moving average of the network’s computational power peaked at 755.7 EH/s, before adjusting to 723 EH/s.

According to Hashrate Index, the hash price fell to $43.1 per PH.

According to The Block, the smoothed 7-day moving average of daily miner revenue decreased to approximately $34.5 million.

In October, the hash rate of 14 publicly listed mining companies in the US reached a record 28.9% of the total.