Insights

A third consecutive positive adjustment for Bitcoin, hash rate hits all-time high

exchange68September 13, 2024

0 1 1 minute read

Quick Take

Bitcoin difficulty adjusted positively last night with a whopping 7% increase.
This is now the third positive adjustment in a row for Bitcoin.
Also, out of the last 44 adjustments stretching back to August 2021, 31 of them have been positive.
This shows the relentless nature of the hash rate — making an all-time high of 339 th/s.
Both hash rate and difficulty are at an all-time high.

Difficulty Adjustment: (Source: Glassnode)

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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