Insights

Bitcoin difficulty adjusts 10%, surpassing 180T, a new all-time high

exchange68September 13, 2024

0 1 1 minute read

Quick Take

Bitcoin difficulty has adjusted by 10% positively, at an all-time high, surpassing 180T.
Of the last 42 adjustments in difficulty, 30 have been positive, which shows the exponential rate of hash rate in the past two years.
CryptoSlate analyzed the exponential growth of the hash rate for public miners, contributing to the rise in difficulty.

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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