Cryptocurrency Mining Difficulty Increases 4.68%, Reaches New Record; Metrics to Surpass 40 Trillion – Crypto Mining News

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The Cryptocurrency Blockchain recorded another difficulty increase on Sunday, January 29, 2023, at block 774,144. Network Difficulty rose by 4.68%, going from 37.59 Trillion to an all-time high of 39.35 Trillion.

Crypto Mining Difficulty Hits New Record As Process Gets Tougher

After rising by 4.68%, the difficulty reached an additional all-time high, beating the record set two weeks ago on Sunday. The Increase occurred at block 774.144 at 6:10 a.m. (UTC). The Problem now at 39.35 Trillion, close to surpassing 40 Trillion. The Next adjustment is required February 11, 2023.

Following a 4.68% increase after the 10.26% boost on, it is now more difficult to mine blocks. January 15, 2023. Statistics from January 29 show a hash rate of 279.7 EH/s (Exahash) in the last 2016 blocks. Currently, there are 283.55 EH/s dedicated to the Cryptocurrency blockchain.

Cryptocurrency Mining Difficulty Increases 4.68%, Reaches New Record;  Metrics to Surpass 40 Trillion

Statistics Macromicro.me – January 28.2023 Estimates the manufacturing cost of each unit at $21,176. On January 29 The spot value was $23,584. With Spot costs are higher than the cost of manufacturing, cryptocurrency (CRYPTO) miners have recovered some losses from late 2022.

The Calculated pool distribution using found blocks shows Foundry USA is the country with the highest concentration of mining pools, 101.47 EH/s. This equals 34.89% of the total hash power. Antpool Has 57.54 EH/s or 19.79% of the community hashrate. F2pool, Binance Pool, Viabtc, Btcwww..com Braiins Pool Please follow these guidelines Foundry Antpool, respectively.

With Growing difficulty, the block intervals (or the time between each CRYPTO block) has been approximately 9:02 to 9:00

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