Home » Bitcoin Mining Difficulty Almost Unchanged in Decade

Bitcoin Mining Difficulty Almost Unchanged in Decade

The Bitcoin network adjusted its difficulty level at 01:18 UTC on July 1 to 15.7842 trillion, only 0.0033% lower from the previous level of 15.7847 trillion set June 17.
news - Bitcoin Mining Difficulty Almost Unchanged in Decade

The Bitcoin network adjusted its difficulty level at 01:18 UTC on July 1 to 15.7842 trillion, only 0.0033% lower from the previous level of 15.7847 trillion set June 17. 

news - Bitcoin Mining Difficulty Almost Unchanged in Decade

The negligible adjustment on Wednesday means the total average computing power connected to Bitcoin over the past 14 days has barely changed, either due to the lack of new mining devices plugging in or any newly added computing power being offset by those that are squeezed out after Bitcoin’s halving.

Difficulty remaining steady at the initial level of 1 for a year after the genesis block was mined, before starting to rise in early 2010. The last time the measure posted a 0% change was in March 2010.

Since then, there have been only eight instances where the difficulty change, both negative and positive, was below 0.1%, with today’s being the smallest adjustment.

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