{"id":24082,"date":"2025-05-17T18:21:57","date_gmt":"2025-05-17T15:21:57","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-rises-by-2-13\/"},"modified":"2025-05-17T18:21:57","modified_gmt":"2025-05-17T15:21:57","slug":"bitcoin-mining-difficulty-rises-by-2-13","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-mining-difficulty-rises-by-2-13\/","title":{"rendered":"Bitcoin Mining Difficulty Rises by 2.13%"},"content":{"rendered":"

The latest recalculation has seen the difficulty of mining the leading cryptocurrency increase by 2.13% to 121.66 T.<\/p>\n

\"Difficulty-BitcoinBTC-CloverPool-formerly-BTC.com-The-worlds-leading-multi-currency-mining-pool-and-on-chain-data-service-provider-Google-Chrome-7\"
Source: CloverPool<\/a>.<\/figcaption><\/figure>\n

The metric has not returned to its all-time high of 123.23 T, from which it fell by 3.34%<\/a> during the previous adjustment about two weeks ago.<\/p>\n

According to Glassnode<\/a>, on May 8, the hash rate (7 DMA<\/span>) tested the record level of 925.4 EH\/s recorded a month earlier. At the time of writing, the value had decreased to 846.2 EH\/s.<\/p>\n

\"glassnode-studio_btc-mean-hash-rate-4\"
Source: Glassnode.<\/figcaption><\/figure>\n

Data from Hashrate Index<\/a> indicates that amid the cryptocurrency rally<\/a> in the first half of May testing $105,000<\/a>, the hash price<\/span> recovered to around $55-56 per PH\/s per day.<\/p>\n

\"Hashprice-Google-Chrome-8\"
Source: Hashrate Index.<\/figcaption><\/figure>\n

The mining profitability metric has moved away from the local April low of ~$40 per PH\/s per day, yet remains over 10% below the values seen in December 2024.<\/p>\n

Industry experts observed that in April, major public companies in the sector increased their Bitcoin sales<\/a>, selling about 70% of the coins mined. The shift away from last year’s popular HODL strategy among miners was already evident in March<\/a>.<\/p>\n

Analysts have identified a risk factor<\/a> for network security in the significant divergence between cryptocurrency price dynamics and hash rate. CryptoQuant viewed the trend as a sign of strong fundamentals<\/a> for the leading cryptocurrency.<\/p>\n","protected":false},"excerpt":{"rendered":"

The latest recalculation has seen the difficulty of mining the leading cryptocurrency increase by 2.13% to 121.66 T. Source: CloverPool. The metric has not returned to its all-time high of 123.23 T, from which it fell by 3.34% during the previous adjustment about two weeks ago. According to Glassnode, on May 8, the hash rate […]<\/p>\n","protected":false},"author":1,"featured_media":24081,"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-24082","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":"14","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24082","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=24082"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24081"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}