Bitcoin Mining Difficulty Hits New All-Time High at 114.17T (+5.61%)

In Brief:

Bitcoin mining difficulty increased 5.61% to a new record of 114.17T.

The network’s average hashrate is now at 814.41 EH/s, signaling stronger mining competition.

The next difficulty adjustment is expected in about 14 days.

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The Bitcoin network has reached a new all-time high in mining difficulty, increasing 5.61% in the latest difficulty adjustment at block height 883,008. This surge reflects growing mining competition and a stronger, more secure blockchain as miners continue to scale operations ahead of the Bitcoin halving event.

With the network’s hashrate averaging 814.41 EH/s, the next difficulty adjustment is projected to take place in approximately two weeks, potentially pushing difficulty even higher.

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