What's Hot

    NEO became the best cryptocurrency of the past week

    29.05.2023

    In the Russian Federation will develop the rules of work for crypto-exchanges

    29.05.2023

    Bitcoin news and forecast for today May 29, 2023

    29.05.2023
    Facebook Twitter Instagram
    Monday, May 29
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Mining»Bitcoin mining has become easier for the first time in six months
    1b46621a5e5118d7cca0f1a13d5ca0fdd0f069ac
    Mining

    Bitcoin mining has become easier for the first time in six months

    AdministratorBy Administrator05.03.2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~2 m


    The Bitcoin block mining difficulty graph registered the first correction by 1.49%, after a continuous six-month rise to all-time highs. This parameter is regulated by the statistics of the time spent on the continuation of the blockchain chain, measured every 2016 blocks.

    3
    The drop in difficulty is due to the fact that the miners went beyond the threshold of 10 minutes when calculating the hash code, which caused an automatic adjustment that simplifies mining.

    The difficulty of mining is directly related to the hashrate, the total computing power of all ASIC miners operating in the network determines the probability of mining a block for each of them. This parameter rose to highs due to the fact that global cryptocurrency mining companies received major deliveries of the latest equipment at the end of the year.

    Now in the market of ASIC miners manufacturers, the lag between order and delivery is six months, which led to the emergence of competitors. Each of the newcomers strives to produce equipment with high performance.

    The topic of manufacturing equipment for mining is of interest to the largest chip manufacturer Intel, which will further spur the “hashrate race”. currently the highest performing 140 TH/s miner is manufactured by Bitmain, but analysts are expecting 300 TH/s hardware next year.

    Bitmain Officially Unveils New Flagship ASIC at the World Mining Summit in Dubai




    #Bitcoin #mining #easier #time #months

    Bitcoin easier mining months time
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Bitcoin news and forecast for today May 29, 2023

    29.05.2023

    “Bitcoin is unlikely to hit all-time highs this year”

    28.05.2023

    the community celebrated Bitcoin Pizza Day, and Ledger recognized the possibility of government access to assets in the wallet

    28.05.2023

    Which countries show the most interest in Bitcoin

    28.05.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • NEO became the best cryptocurrency of the past week
    • In the Russian Federation will develop the rules of work for crypto-exchanges
    • Bitcoin news and forecast for today May 29, 2023
    • Scammers used Floki listing on Tokocrypto for new scam
    • Decrease in Ether supply contributed to its rebound above $1,800
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.