Bitcoin Mining Difficulty Reaches Record 129.7 T

Bitcoin mining difficulty reached a record 129.7 T after a slight 0.2% increase.

On August 22, following the latest adjustment, the difficulty of mining the first cryptocurrency reached 129.7 T. The figure rose by just 0.2%, yet it set a new historical high.

The difficulty has been increasing over four approximately bi-weekly periods between adjustments. The inter-block interval remains consistently below 10 minutes, and the current forecast for the metric is a further rise of 1.15%.

According to Glassnode, the hash rate (7 DMA) stands at 945 EH/s. A record value of 966 EH/s was recorded on August 7.

Data from BitcoinMiningStock indicates that public mining companies have increased their share of Bitcoin’s computing power to 39.7%.

In terms of pools, Foundry USA has concentrated 32.8% of the hash rate, AntPool accounts for 16.2%, and ViaBTC for 11%. Together, these three entities control about 60%.

According to Hashrate Index, the hash price increased over the past 24 hours from $55.3 to $56.5 per PH/s per day. The mining profitability metric rose amid slight changes in network difficulty and Bitcoin’s recovery to levels above $115,000.

Earlier, GoMining Institutional predicted a new wave of institutional investments in mining the first cryptocurrency, driven by competition for energy resources with the AI computing segment.