Bitcoin Mining Difficulty Sees a Dip of 4.19%

IconCryptoNewsTerminal Staff14 Aug, 2024

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Bitcoin Mining Difficulty Sees a Dip of 4.19%

Bitcoin's mining difficulty has undergone a downward adjustment of 4.19%, according to BTC.com. The adjustment, which occurred at approximately 8:59 AM today, brought the mining difficulty to 86.87T. The average hashrate at the time of the adjustment was recorded at 718.90 EH/s. The next difficulty adjustment is anticipated in approximately 14 days and is expected to increase slightly by 0.06% to 86.82T. This adjustment indicates a stabilizing trend in Bitcoin's mining difficulty.