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Author Topic: Bitcoin Network's Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner W  (Read 1015 times)

Offline sirty143

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Bitcoin Network's Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner Workload Amid Texas Cold Snap


On Saturday, the Bitcoin network experienced its first difficulty reduction of the year, witnessing a 3.9% decrease at block height 826,560. As a result, the network’s mining difficulty now stands at 70.34 trillion... See more for yourself here.

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Offline philipma1957

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But we are heading ups wards as I type.


Quote
https://newhedge.io/

Latest Block:   827032  (3 minutes ago)

Current Pace:   103.3264%  (473 / 457.77 expected, 15.23 ahead)

Previous Difficulty:   73197634206448.34                           
Current Difficulty:   70343519904866.8                             
Next Difficulty:   between 71376522847114 and 72890399589018
Next Difficulty Change:   between +1.4685% and +3.6206%
Previous Retarget:   last Saturday at 9:19 AM  (-3.8992%)
Next Retarget (earliest):   February 2, 2024 at 10:30 PM  (in 10d 8h 53m 15s)
Next Retarget (latest):   February 3, 2024 at 4:50 AM  (in 10d 15h 13m 27s)
Projected Epoch Length:   between 13d 13h 10m 59s and 13d 19h 31m 10s


We almost have gain it all back and coins dropped in price to under 39k today.  In fact I purchased some coins at 38.7k although we are now around 39.3k
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