{"id":17295,"date":"2024-09-26T12:49:53","date_gmt":"2024-09-26T09:49:53","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-decreases-by-4-6\/"},"modified":"2024-09-26T12:49:53","modified_gmt":"2024-09-26T09:49:53","slug":"bitcoin-mining-difficulty-decreases-by-4-6","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-decreases-by-4-6\/","title":{"rendered":"Bitcoin Mining Difficulty Decreases by 4.6%"},"content":{"rendered":"<p>Following the latest recalibration, the difficulty of mining the leading cryptocurrency has decreased by 4.6% to 88.4 T. <\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1224.webp\" alt=\"1-1224\" class=\"wp-image-241995\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/explorer.btc.com\/btc\/insights-difficulty\">BTC.com<\/a>.<\/figcaption><\/figure>\n<p>The average hash rate since the previous adjustment was 740.3 EH\/s, with the interval between blocks at eight minutes and 24 seconds.<\/p>\n<p>According to <a href=\"https:\/\/studio.glassnode.com\/metrics?a=BTC&#038;category=&#038;ema=0&#038;m=mining.HashRateMean&#038;mAvg=7&#038;mMedian=0&#038;s=1659268705&#038;u=1674993505&#038;zoom=182\">Glassnode<\/a>, the smoothed 7-day moving average of computational power reached 638.4 EH\/s.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-901.webp\" alt=\"2-901\" class=\"wp-image-241996\"\/><figcaption class=\"wp-element-caption\">Data: Glassnode.<\/figcaption><\/figure>\n<p>After the difficulty update, the <span data-descr=\"miners' revenue per unit of computational power expended\" class=\"old_tooltip\">hash price<\/span> surged to $46 per PH per day.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/3-508.webp\" alt=\"3-508\" class=\"wp-image-241997\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/data.hashrateindex.com\/network-data\/btc\">Hashrate Index<\/a>.<\/figcaption><\/figure>\n<p>Earlier, JPMorgan suggested a potential slowdown in the growth of Bitcoin&#8217;s hash rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1279],"class_list":["post-17295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-hashrate-2"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17295"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17294"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}