On February 9, 2025, Bitcoin mining difficulty hit a new all-time high of 114.17 T. Since the last change, the figure has grown by 5.61%, according to CloverPool.
The current average hashrate on the Bitcoin network is 838.20 EH/s.
It is known that mining difficulty does not have a fixed unit of measurement - it is a relative indicator that determines how much more difficult it is to mine a new block compared to the easiest period in history. The system automatically adjusts this parameter every 2016 blocks, which is approximately two weeks.
The higher the mining difficulty, the more computing resources and electricity miners need to find the correct hash of a new block. An increase in this indicator indicates an increase in miner activity, while a decrease indicates a decrease in their activity.
In addition, the increase in difficulty brings the date of the next Bitcoin halving closer - the last one took place on April 20, 2024.
The next recount is scheduled to take place on February 23, 2025.
We previously reported that the cold snap in the US has led to the first decrease in mining difficulty in four months.