From TokenPost · · 40s
Bitcoin Mining Difficulty Rises 6.44%
Bitcoin mining difficulty increases 6.44% around Oct. 29, raising computing work for miners.
In brief
Bitcoin mining difficulty increases 6.44% around Oct. 29, raising computing work for miners. Bitcoin mining difficulty rises 6.44% on Oct. 29, requiring more computing power to find blocks. Originally reported by TokenPost.
Bitcoin Mining Difficulty
Bitcoin mining difficulty is projected to rise 6.44% around Oct. 29, increasing computing work miners need to find blocks.
Current Difficulty Cycle
The Oct. 16 adjustment raised difficulty 5.92% to 140.58 trillion at block 971,712, following a previous 0.03% drop.
Impact on Miners
A difficulty increase means miners need more computing work to find blocks without changing the 3.125 BTC block subsidy.
The key point
Bitcoin mining difficulty rises 6.44% on Oct. 29, requiring more computing power to find blocks.
