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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    Ethereum Collections Lead NFT Sales Today

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    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

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    NFT sales surge to $574 million in July, second-highest in 2025

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    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

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    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

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    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

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    Early Off the Grid Skin Holders Are Cashing In – Will You?

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

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    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

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Home Mining

Bitcoin mining difficulty drops following historical maximum

March 28, 2024
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Bitcoin mining difficulty drops following historical maximum
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As a result of the next recalculation, the difficulty of Bitcoin mining decreased by 0.97%, with an indicator of 83.13 T.

READ ALSO

Decoding WhiteFiber’s IPO: Bit Digital’s AI Infrastructure Arm Steps Into the Spotlight

Bitcoin Mining Is Tougher Than Ever — So Why Are Miners Smiling?

The average hashrate for the period since the previous value change was 599.71 EH/s. The range between blocks is 10 minutes and 7 seconds. Mining difficulty determines the required total hardware capacity for mining Bitcoin (BTC). An increase in this indicator brings the halving date of the first cryptocurrency closer. Under certain conditions, it may occur in April 2024.

Bitcoin mining difficulty drops following historical maximum - 1

Source: Btc.com

According to Glassnode, the seven-day moving average peaked at 614.9 EH/s on March 24. After that, it corrected to 586.1 EH/s.

Source: Glassnode

According to the Hashrate Index, the hash price has increased over the past 24 hours from $108 per PH per day to $110.

Source: Hashrate Index

On March 14, the difficulty of Bitcoin mining updated its historical maximum and reached 83.95 T. Since the last change date, the indicator has increased by 5.79%, and the average hashrate in the Bitcoin network reached 600.72 EH/s.

Meanwhile, Bitfinex experts believe that institutional funding of public companies has disadvantaged individual and small miners and could have long-term effects on network dynamics.

Bitfinex’s experts noted that the influx of capital and the “professionalization” of mining operations led to an increase in hashrate, thereby increasing the network’s overall security and stability. Thus, Wall Street investor funding in corporate mining has fundamentally changed the network’s incentive structure.

See also  Marathon reports record $337.2 million net income in Q1 2024

You might also like: Bitcoin mining firms ship equipment overseas ahead of halving

Tags: BitcoinDifficultyDropsHistoricalMaximumMining

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