NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Bitcoin Mining Difficulty Increases for the Fourth Time

Gautham
Gautham
4 years ago
2 mins read
bitcoin mining difficulty

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The Bitcoin mining difficulty has increased once again. A 2.3 percent increase from the previous existing difficulty levels was reported on September 12, 2016, making it the fourth raise (fifth correction) since the Bitcoin mining rewards halving in early July 2016.

Bitcoin mining, difficulty, halving

At present, the difficulty level stands at 225,832,872,179 compared to the earlier level of 220,755,908,330. Similarly, the total hash rate of the Bitcoin network has also increased from 1,580,232,334 GH/s to 1,616,574,667 GH/s during the same time interval.

Bitcoin Mining Difficulty and Block Generation Times

The difficulty level correction is an inbuilt function in the Bitcoin software to ensure constant block generation times. The Bitcoin network ideally discovers/generates one new block every 10 minutes. The block generation time has a direct correlation with the difficulty levels and network hash rate. The use of latest mining hardware known for greater efficiencies increases the total hash rate of the Bitcoin network. This, in turn, will significantly reduce the average time taken to discover new blocks. In such cases, the Bitcoin network starts to take corrective measures by increasing the difficulty levels. These corrective measures maintain block generation times at the stipulated 10 minute (600 seconds) intervals.

bitcoin mining, mining difficulty

Bitcoin Mining Difficulty and Prices

The mining difficulty also has a direct correlation with the Bitcoin price as well. A comparison with Bitcoin price trends shows that the mining difficulty increases as the Bitcoin price increases and vice versa. The recent increase in mining difficulty can be attributed to the expansion of mining activities, introduction of more powerful mining hardware and an increased demand for the digital currency. As we saw in the last couple of weeks, the value of Bitcoin has significantly increased since its fall in August, following the Bitfinex incident. The increase in Bitcoin value has coincided with the latest change in difficulty levels.

The difficulty correction feature ensures a constant, steady supply of Bitcoin to the network. It prevents miners from investing in powerful mining equipment to mine large amounts of digital currency, which otherwise will lead to increased supply, resulting in the fall of Bitcoin prices. The constant stream of rewards combined with controlled mining will also ensure continued miners’ support to the Bitcoin network, at least until all the blocks are mined.

An analysis of Bitcoin block generation time versus difficulty shows a progressive reduction in the block generation time. At this rate, we can expect the difficulty to increase yet again in the coming weeks.

Ref: Qntra | Bitcoin Wisdom |Image: MiningLifeOnline
Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

criptomonede cu potential

În ce criptomonede cu potențial investim pe final de septembrie?

De fiecare dată când Bitcoin și Ethereum sunt relativ aproape de ATH-uri, cum este în acest moment, majoritatea investitorilor vorbesc...

antonio 2 hours ago
Solana

Solana DATs Arrive In Australia: Fitell Corporation Announces $100M SOL Treasury Strategy

As Solana attempts to reclaim the $220 level as support, an Australian-based firm has joined the trend of Digital Asset...

Rubmar Garcia 4 hours ago
Bitcoin

Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish

Bitcoin has seen “buy the dip” mentions spike on social media after the price crash, but Santiment warns this could...

Keshav Verma 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin news

Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts

Jake Simmons 13 minutes ago
중국 첫 공식 스테이블코인 출범…베스트월렛 프리세일 투자 금액 급등

중국 첫 공식 스테이블코인 출범…베스트월렛 프리세일 투자 금액 급등

Soyeon Lee 19 minutes ago
Bitcoin crash

These Analysts Predicted The Bitcoin Price Crash And Their Forecasts Say It’s Not Over

Scott Matherson 1 hour ago

Premium Sponsors

Press Releases

  • Az altcoin szezon itt van. Ez a három tényező hajthatja a bikapiacot

    Az altcoin szezon itt van. Ez a három tényező hajthatja...

    10 hours ago
  • Sezon na altcoiny już tu jest. Te trzy czynniki mogą napędzać hossę

    Sezon na altcoiny już tu jest. Te trzy czynniki mogą...

    12 hours ago
  • Sezonul altcoin este aici. Acești trei factori sunt văzuți ca motoare ale raliului

    Sezonul altcoin este aici. Acești trei factori sunt...

    16 hours ago
  • ドージコイン 今後の価格予測:ウォールストリートが注目する「1ドル圏」への道

    ドージコイン...

    18 hours ago
  • Сезонът на алткойните е тук. Три фактора се очаква да задвижат ралито

    Сезонът на алткойните е тук. Три...

    18 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.