Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: sirty143 on January 22, 2024, 01:38:20 PM

Title: Bitcoin Network's Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner W
Post by: sirty143 on January 22, 2024, 01:38:20 PM

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

(https://i.imgur.com/jENGx0xm.jpg)

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 (https://news.bitcoin.com/bitcoin-networks-mining-difficulty-drops-3-9-to-70-34-trillion-easing-miner-workload-amid-texas-cold-snap/).

Your opinion is greatly appreciated.

Title: Re: Bitcoin Network's Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner W
Post by: philipma1957 on January 23, 2024, 07:38:34 PM

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