On July 21, 2022, at 2:14 p.m. at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June 22.Bitcoin miners caught a break this week as the difficulty adjustment algorithm adjusted downward for the third week in a row.
The second difficulty change that followed occurred on July 6, at block height 743,904. That particular drop was around 1.41% and the difficulty dropped to 29.15 trillion. Today, after block height 745,920, the difficulty is now 27.69 trillion, a parameter not seen since March 17, 2022.
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