Hashrate | ForkLog

ForkLog 42 18.12.2024

Chinese Auto Firm Ranks as Third Largest Bitcoin Miner Globally

Chinese provider of smart equipment and transactional services for the automotive industry, Cango, has emerged as the third largest Bitcoin miner by hash rate. This was announced in the company’s press release. Hash rate and number of BTC mined by the end of November 2024. Source: Blockspace. On November 15, Cango reported the acquisition of […]

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ForkLog 9 16.12.2024

Bitcoin Mining Difficulty Reaches New High Above 108 T

Following the latest adjustment, the difficulty of mining the leading cryptocurrency increased by 4.43%, reaching a record 108.52 T. Source: CloverPool. The average hash rate over the past two weeks was 772.2 EH/s. The interval between blocks increased to over 11 minutes, indicating a potential reduction in difficulty at the next adjustment. According to Glassnode, […]

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ForkLog 16 05.12.2024

Ethiopia’s Share in Bitcoin Hashrate Reaches 2.5%

Bitcoin miners based in Ethiopia now control 2.5% of the network’s computational power, according to local bitcoin miner Kal Kassa. Bitcoin miners in Ethiopia now command 2.5% of the global hash-rate. If trends continue, according to Ethiopian Electric Power (EEP), this will more than double within one year. pic.twitter.com/oW0G95TUDa — Kal Kassa (@KalKassa) December 4, […]

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ForkLog 9 03.12.2024

Bitcoin Mining Difficulty Reaches Record 103 Trillion

Following the latest recalibration, the difficulty of mining the leading cryptocurrency increased by 1.59%, setting a new high at 103.9 T. Source: CloverPool. The average hash rate since the previous adjustment was 832.7 EH/s, with block intervals of less than nine minutes. According to Glassnode, the smoothed 7-day moving average of network power reached a […]

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ForkLog 7 19.11.2024

Bitcoin Mining Difficulty Surpasses 102 T for the First Time

Following the latest recalibration, the difficulty of mining the leading cryptocurrency increased by 0.63%, reaching a record high of 102.29 T. Data: CloverPool. The average hash rate during the two-week calculation period rose to 755.3 EH/s. According to Glassnode, on November 18, the smoothed 7-day moving average of the network’s computational power stood at 738.4 EH/s, […]

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ForkLog 11 05.11.2024

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. Data: CloverPool. 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 […]

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ForkLog 10 23.10.2024

Bitcoin Mining Difficulty Reaches New Peak

Following the latest adjustment, the difficulty of mining the leading cryptocurrency has risen by 3.94%, reaching a record high of 95.67 T. Source: CloverPool. The average hash rate since the previous adjustment was 688.3 EH/s, with the interval between blocks nearly matching the algorithm’s set 10 minutes. According to Glassnode, on October 21, the network’s […]

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ForkLog 11 26.09.2024

Bitcoin Mining Difficulty Decreases by 4.6%

Following the latest recalibration, the difficulty of mining the leading cryptocurrency has decreased by 4.6% to 88.4 T. Data: BTC.com. The average hash rate since the previous adjustment was 740.3 EH/s, with the interval between blocks at eight minutes and 24 seconds. According to Glassnode, the smoothed 7-day moving average of computational power reached 638.4 […]

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ForkLog 22 11.09.2024

Bitcoin Mining Difficulty Reaches New Peak

Following the latest adjustment, the difficulty of mining the leading cryptocurrency increased by 3.58%, setting a new record at 92.67 T. Data: BTC.com. The average hash rate since the previous adjustment was 662.34 EH/s, with the inter-block interval reduced to 9 minutes and 40 seconds. According to Glassnode, the smoothed 7-day moving average of the […]

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ForkLog 12 29.08.2024

Bitcoin Mining Difficulty Rises Nearly 3%

The latest recalibration has seen the difficulty of mining the leading cryptocurrency increase by 2.99%, reaching 89.47 T. Source: BTC.com The interval between blocks since the last adjustment has shortened to less than nine minutes, with the average hash rate peaking at 718.28 EH/s. This indicates that Bitcoin miners continue to integrate high-performance equipment of […]

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ForkLog 11 15.08.2024

Bitcoin Mining Difficulty Decreases by 4.19%

Following the latest recalibration, the difficulty of mining the leading cryptocurrency has decreased by 4.19%, settling at 86.87 T. Source: BTC.com. The average hash rate since the previous adjustment was 740.3 EH/s, with the interval between blocks being eight minutes and 24 seconds. According to Glassnode, the smoothed 7-day moving average of computational power reached […]

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ForkLog 10 01.08.2024

Bitcoin’s Resilience Forecast Amid Rising Hashrate

The surge in Bitcoin’s hashrate to record levels is expected to contribute to the stability of its price, according to CryptoQuant. “The metric’s drop from its historical maximum is only 3% compared to 8% as of July 9, and the recovery of the hashrate is usually associated with a sustained rally,” explained the specialists. Data: […]

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