Bitcoin Mining Difficulty Reaches New Peak
Date: 2025-02-11 Author: Henry Casey Categories: CRYPTO PAYMENTS
At the moment, this indicator has reached 114.17 T, reflecting the growth in the number of capacities involved in mining.
The increase in difficulty over the past day was 0.35%, and over the week, the growth reached 5.61%. The next adjustment of the indicator will take place on February 23, and it is expected to reach 115.51 T.
At the moment, the BTC hashrate has reached 827 EH/s, although a peak of 844.95 EH/s was recorded on February 7.
The hashrate reflects the total network power, which determines the speed of finding new blocks. If it decreases, the mining difficulty may decrease.
The increased hashrate affects the hash price, which has fallen to $57 per PH/s per day, compared to $62 at the end of January. This worsens the profitability of mining.
Bitcoin is trading at $97,868, and fell to $94,000 on the night of February 10. This is due to Donald Trump's plans to introduce 25% duties on steel and aluminum imports.
