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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

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    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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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

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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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    Cloudflare Accuses Perplexity AI of Using Stealth Crawlers to Evade Website Blocks

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    CryptoPunks and Pudgy Penguins Draw Major Sales

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    Ethereum Collections Lead NFT Sales Today

    Ethereum Collections Lead NFT Sales Today

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

    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

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

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

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    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

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    Shrapnel to Leave Avalanche in New Partnership with Gala Games

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    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

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    Blockchain Bookmakers: A New Era of Fair and Secure

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

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    The Biggest Games Releasing in August 2025

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    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

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

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

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

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

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    What Is Crypto Staking? How to Earn Crypto by Holding It

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Home Mining

Bitcoin mining difficulty set to hit record high today amid US miner scrutiny

February 15, 2024
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Bitcoin mining difficulty set to hit record high today amid US miner scrutiny
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A Phenomenal 671 BTC Haul in July

Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury

Bitcoin’s mining landscape is poised for another challenge as mining difficulty is set to rise by nearly 8% today, Feb. 15.

Data from CoinWarz shows that this increase, which is expected to hit a new record high, will surpass 81 trillion at block height 830,592. The network is expected to reach this milestone by 3:16 pm UTC.

Bitcoin Mining Difficulty

This surge is part of an ongoing trend observed since the year’s onset, reflecting the escalating computational demands confronting miners on the premier digital asset network, especially with the looming halving event.

Bitcoin’s mining difficulty undergoes readjustments every 2,016 blocks, roughly every two weeks. The process is crucial for the network to gauge whether miner activities during the period resulted in reduced or increased block discovery time.

An uptick in mining difficulty translates to miners needing to deploy more computational power to mine a block. Moreover, it signifies a growing influx of miners into the network, intensifying the computational workload. In addition, a higher difficulty equates to a more resilient blockchain, as it escalates the energy required to mount an attack on the network.

Miners under scrutiny

The increase in mining difficulty arrives at a time when the industry faces continues to face scrutiny over its electricity usage.

Last week, CryptoSlate reported that the US government, through the Energy Information Administration (EIA), wants to gather information from miners about the broader implications of their activities in the country. However, the mining community described the move as “Operation Chokepoint 3.0.”

See also  Crypto firm BitFuFu acquires data center in Oklahoma for $20M

Dennis Porter, the CEO of Satoshi Act Fund, revealed that miners have begun receiving letters forcing them to report sensitive data or “face huge fines” if they do not respond within ten days.

“This is NOT how the Federal Government should be interacting with a new and growing industry that has so much potential. The Bitcoin mining industry is filled with innovators and builders. We should be encouraging them, not threatening them,” Porter said.

Tags: BitcoinDifficultyHighhitminerMiningrecordScrutinysetToday

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