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Bitcoin Network’s Hash Rate and Mining Difficulty on the Rise

The Bitcoin network’s hash rate continues to grow, and with it, so does the difficulty of mining BTC.
Whereas at the time of last recalculation the figure was down 1.45%, it is now up 3.22%, reaching 49.55 Tx.

The recalculation of complexity took place on block 790,272. Last week’s average hash rate was 354 eh/s, and now the figure reaches a record 367.55 eh/s.

For comparison, during the last recount, the average hash rate was 343.07 eh/s, and a month ago it was 348 eh/s.

The next difficulty recount will take place in about 13 days. According to the forecast of btc.com service, we are waiting for another increase in the complexity of mining, but it will be insignificant – 0.31%.

Although, if miners continue to put equipment into service at the same rate, the increase in complexity will be more significant.

Right now bitcoin continues to be in consolidation. The rate of the first cryptocurrency rose by 2.31% over the past 24 hours, but remains at the level of 7 days ago. BTC is trading at $27,400.

The last time bitcoin mining difficulty reached a record high on April 21, the figure then rose 1.72% to 48.71 Tx.