The difficulty of mining Bitcoin (BTC) shot up a 3,44% this weekend reached a new historical maximum. The rise of the Sunday follows the rise of 13.55% difficulty of Bitcoin recorded on October 10, 2022, at the height of the block 758.016.
This increase of 13.55% was the increase in difficulty of Bitcoin in 2022, and took place when the hashrate total of BTC reached a new ATH on October 11, 2022, at the height of the block 758.138, and reached 325,11 exahash per second (EH/s), which is equivalent to three hundred twenty-five quintillones hundred and ten quadrillion hashes per second.
On the other hand, the hashrate of the network has been aware of the maximum difficulty of life, and to the decrease in the price of BTC, as the computing power of Bitcoin remains stronger than ever.
The reason that the difficulty increased on Sunday is because the breaking 2,016 blocks are mined faster than the average of two weeks.
Before the change, the average time of block of BTC on Sunday, October 23, 2022 was around 8:79 minutes. The update mining of the 21st of October that highlights the strength of the hashrate of the network noted that the ranges of block were between 8:30 minutes and 9:35 minutes.
The objectives of difficulty of Satoshi tries to maintain the intervals of block at an average rate of ten minutes per block. If the breaking 2,016 blocks between a retarget of difficulty are lower than the average of the two weeks, the difficulty will increase and will result in a decline if it takes too long (more than two weeks) in undermining the breaking 2,016 blocks.
Currently, the three main groups of mining of bitcoin, Foundry, USED, Antpool and F2pool, control the 60,36% of the hashrate global Sunday. During the last three days, were mined 444 blocks of BTC and Foundry discovered 113 of those blocks.
Antpool captured 90 blocks and F2pool found 65 of 444 blocks found. 12 pools of mining known are dedicating hashrate SHA256 chain, BTC, and the 4,05% of the hashrate global belongs to hashpower unknown, also known as stealth miners.
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