BTC mining: record after record
The post BTC mining: record after record appeared on BitcoinEthereumNews.com. The mining of BTC continues to set record after record: the hashrate has reached its all-time high, as has the difficulty. Furthermore, an ASIC with computing power exceeding 1 PH/s has also been launched. New records from BTC mining: the current levels of hashrate The all-time peak regarding the hourly hashrate of Bitcoin mining was reached last May 30th above 1,100 EH/s, and it was hit a second time yesterday as well. Given, however, that these data come from calculated estimates, and not from actual measurements, it is advisable to use average data over longer periods (such as the week) rather than hourly data. The maximum peak of the 7-day moving average was indeed reached on the first of June, above 940 EH/s. Note that a year ago it barely exceeded 600 EH/s, and in December, when the BTC price exceeded for the first time in its history the $100,000, it barely exceeded 800 EH/s. It should be remembered that the hashrate increases not only due to the increase in the efficiency of ASICs, but also as a consequence of the increase in the value of BTC, but this effect is seen only after months. So it’s no surprise that the historical record was set only in June, despite the price being more or less the same as December of last year. “`html The difficulty “` The difficulty also reached its all-time high on May 31, at almost 127 T. A year ago it was below 85 T, and between November and December it had surpassed 100 T for the first time. The difficulty increases automatically as a result of the increase in hashrate, with the goal of keeping the block-time around 10 minutes. Therefore, with such an increase in hashrate, it was inevitable that the difficulty would also increase. …
The post BTC mining: record after record appeared on BitcoinEthereumNews.com.
The mining of BTC continues to set record after record: the hashrate has reached its all-time high, as has the difficulty. Furthermore, an ASIC with computing power exceeding 1 PH/s has also been launched. New records from BTC mining: the current levels of hashrate The all-time peak regarding the hourly hashrate of Bitcoin mining was reached last May 30th above 1,100 EH/s, and it was hit a second time yesterday as well. Given, however, that these data come from calculated estimates, and not from actual measurements, it is advisable to use average data over longer periods (such as the week) rather than hourly data. The maximum peak of the 7-day moving average was indeed reached on the first of June, above 940 EH/s. Note that a year ago it barely exceeded 600 EH/s, and in December, when the BTC price exceeded for the first time in its history the $100,000, it barely exceeded 800 EH/s. It should be remembered that the hashrate increases not only due to the increase in the efficiency of ASICs, but also as a consequence of the increase in the value of BTC, but this effect is seen only after months. So it’s no surprise that the historical record was set only in June, despite the price being more or less the same as December of last year. “`html The difficulty “` The difficulty also reached its all-time high on May 31, at almost 127 T. A year ago it was below 85 T, and between November and December it had surpassed 100 T for the first time. The difficulty increases automatically as a result of the increase in hashrate, with the goal of keeping the block-time around 10 minutes. Therefore, with such an increase in hashrate, it was inevitable that the difficulty would also increase. …
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