While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Axie Infinity perd

Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. Au cours de la dernière 2,016 blocs, Bitcoin’s hashrate has been around 254.3 exahash par seconde (EH/s), and block intervals have been faster at 9:41 minutes per block.

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Bitcoin’s Difficulty Expected to Jump 3% Higher on Dec. 19, Bitcoin Average Mining Costs Are Higher Than the Current Spot Market Value

In roughly 24 heures, the Bitcoin network will experience another difficulty transition, and this time around it is estimated to increase. The increase is estimated to be around 3.2% à 3.76% higher than the current 34.24 trillion value. The rise would lift the 34.24 trillion to around 35.53 trillion on or around Dec. 19, 2022.

Data shows that while the network’s difficulty is increasing, BTC’s hashrate has been lower than the month prior. Bitcoin’s hashrate did tap a high of 316 EH/s on Dec. 1, 2022. The average block time or block interval is between 9:41 minutes per block to roughly 10:43 minutes per block.

While Miners Deal With Low BTC Prices, Bitcoin's Mining Difficulty Target Expected to Increase 3% Higher
Bitcoin’s hashrate is currently coasting along at 236.97 EH/s and the network is set to experience a difficulty increase tomorrow on Dec. 19, 2022.

The estimated 3% change is occurring after the last difficulty change which saw a reduction of around 7.32% on Dec. 5, at block height 766,080. The network’s mining difficulty retarget on that day was the largest recorded decrease in 2022. If the estimated increase occurs on Dec. 19, 2022, à peu près 3% of the most recent reduction will be erased making it more difficult for miners to find a BTC bloc.

During the past three days, Foundry USA has been the Bitcoin network’s top mining pool with 27.05% of the overall hashrate or 66.59 EH/s. Foundry is followed by Antpool (53.51 EH/s), F2pool (35.08 EH/s), Binance Pool (31.51 EH/s), and Viabtc (22 EH/s) respectivement. 414 block rewards were discovered during the last three days and the top five aforementioned mining pools discovered 351 of those blocks.

En décembre. 17, macromicro.me stats show bitcoin average mining costs based on metrics from Cambridge University, indicating that the cost is around $19,806, et BTC’s price on Dec. 18, is around $16,700 per bitcoin.

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Bitcoin, Bitcoin (BTC), Mineurs de Bitcoin, Minage de bitcoins, bitcoin mining sector, intervalles de bloc, bloquer les récompenses, temps de blocage, Blocs, Change in Difficulty, Cost of Production, Cryptoslate, Déc 19 2022, changement de difficulté, augmentation de la difficulté, recibler la difficulté, nœud de verre, Hash Price, Macromicro.me, Mineurs, exploitation minière, BTC minier, Difficulté minière, Opérations minières, Piscines minières, Mining Report

What do you think about Bitcoin’s upcoming difficulty retarget on Dec. 19? What do you think about the pressure bitcoin miners are feeling these days from low bitcoin prices? Faites-nous savoir ce que vous pensez de ce sujet dans la section commentaires ci-dessous.

Jamie Redman

Jamie Redman est le responsable de l'information chez Bitcoin-Tidings.com News et un journaliste spécialisé dans les technologies financières vivant en Floride. Redman est un membre actif de la communauté des crypto-monnaies depuis 2011. Il a une passion pour Bitcoin, code open-source, et applications décentralisées. Depuis septembre 2015, Redman a écrit plus de 6,000 articles pour Bitcoin-Tidings.com Actualités sur les protocoles perturbateurs qui émergent aujourd'hui.




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