{"id":257360,"date":"2024-03-01T21:02:58","date_gmt":"2024-03-01T15:32:58","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=257360"},"modified":"2024-03-01T21:02:58","modified_gmt":"2024-03-01T15:32:58","slug":"bitcoin-mining-difficulty-decreases-by-3-as-halving-approaches-in-50-days-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-mining-difficulty-decreases-by-3-as-halving-approaches-in-50-days-crypto-news\/","title":{"rendered":"Bitcoin mining difficulty decreases by 3% as halving approaches in 50 days &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<h2>Quick Take<\/h2>\n<p>Bitcoin\u2019s mining difficulty has seen a downward adjustment of 3%, with the current BTC difficulty standing at 79.35 T, as per data from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/newhedge.io\/terminal\/bitcoin\/difficulty-estimator\">Newhedge<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coinwarz.com\/mining\/bitcoin\/difficulty-chart\">Coinwarz<\/a>.<\/p>\n<figure id=\"attachment_401527\" aria-describedby=\"caption-attachment-401527\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-401527\" class=\"wp-caption-text\">Difficulty Adjustment Percent Change: (Source: Glassnode)<\/figcaption><\/figure>\n<p>This marks the second negative adjustment this year, in the wake of roughly two of the past 12 months\u2019 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoin-mining-difficulty-set-to-hit-record-high-today-amid-us-miner-scrutiny\/\">highest adjustments<\/a> at approximately 7% and 8%, respectively. This minor drop in difficulty is primarily due to the rapid increase in the hash rate over the past months, a trend that hasn\u2019t maintained its upswing in the last two weeks.<\/p>\n<p>Using a seven-day moving average, the hash rate currently stands at 582 EH\/s, slightly below its all-time peak of 595 EH\/s.<\/p>\n<figure id=\"attachment_401526\" aria-describedby=\"caption-attachment-401526\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-401526 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/03\/HR.png\" alt=\"Hash Rate: (Source: Glassnode)\" width=\"1800\" height=\"1013\" \/><figcaption id=\"caption-attachment-401526\" class=\"wp-caption-text\">Hash Rate: (Source: Glassnode)<\/figcaption><\/figure>\n<p>As for the Bitcoin <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/adam-back-doubles-down-on-100k-before-halving-amid-sustained-market-rally\/\">halving<\/a> event, analysis from the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitcoin.clarkmoody.com\/dashboard\/\">Clarkmoody dashboard<\/a> suggests it will occur on Apr. 20, which is just 50 days away, with just over 7,000 blocks remaining until the event.<\/p>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/insights\/bitcoin-mining-difficulty-decreases-by-3-as-halving-approaches-in-50-days\/\">Bitcoin mining difficulty decreases by 3% as halving approaches in 50 days<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\">CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick Take Bitcoin\u2019s mining difficulty has seen a downward adjustment of 3%, with the current BTC difficulty standing at 79.35 T, as per data from Newhedge and Coinwarz. Difficulty Adjustment Percent Change: (Source: Glassnode) This marks the second negative adjustment this year, in the wake of roughly two of the past 12 months\u2019 highest adjustments [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":257361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-257360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/257360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=257360"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/257360\/revisions"}],"predecessor-version":[{"id":257362,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/257360\/revisions\/257362"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/257361"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=257360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=257360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=257360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}