Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened
The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since the change, block times have slowed, with statistics showing durations of 10 minutes 44 seconds to 10 minutes 36 seconds.
Bitcoin’s hashrate has been below average, with an average of 279 exahash per second over the past 2,016 blocks. As of 11:30 a.m. ET on Feb. 4, 2023, statistics show the hashrate at 258 EH/s. On Feb. 1, 2023, the total hashrate dropped to 217 EH/s after reaching a peak of 279 EH/s the previous day. The hashrate then increased, reaching 309 EH/s on Feb. 2, before declining 16.
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Do well to understand that every dip in the price of Bitcoin provides a golden opportunity to accumulate. Keep it simple buy and hodl the bull run is inevitable. Everyone should however follow KeshGlover she’s a super underrated bitcoiner. Great tips,I’ve been doing great.
Accomplishing nothing more than making it easier to waste electricity.
and I want it done already ASAP
I wanted to be part of Bitcoin
I want the Bitcoin web wallet back from 2009
jeremyperrybl is a super crypto Trader I’ve been following his and tips seriously & I’ve been doing great. Trading with his market predictions is a smarter way to make profits.
Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months
The scenario of Bitcoin going to zero does not exist anymore. BTC is playing much the same role as gold did in the early days of banking. You all should Follow Bnb_7h she knows her stuff when it comes to BTC and other Cryptos,her tweet have been really helpful over the years
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