Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase – Mining Bitcoin News

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Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase – Mining Bitcoin News
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On April 6, 2023, Bitcoin's difficulty rose 2.23% higher at block height 784,224, touching another all-time high.

On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11 trillion away from reaching the 50 trillion range.is an all-time high, meaning it has never been harder for bitcoin miners to find blocks.

The difficulty rise on April 6 was the fourth increase in the last 41 days or since block height 778,176. The increase on Thursday was 2.23% higher than the previous two weeks, and the level of difficulty will remain at 47.89 trillion until on or around April 20. Despite the difficulty rise, the hashrate is still running high at 340.61 exahash per second , and last month, the hashrate

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