After the fall in the Bitcoin hash rate against the background of mining bans in China and a record decrease in the difficulty of mining BTC in July, the mining difficulty has increased for the second time in a row.
At the last recalculation, the difficulty of Bitcoin mining increased by another 7% to 15.56 trillion. Earlier, on July 31, the figure rose by 6% to $ 14.5 trillion. At the same time, in mid-July, the difficulty of mining BTC fell by a record 45%, to the levels of early 2020.
According to Statista, the hash rate of mining companies in China has dropped by 46%. At the same time, in the United States, indicators are growing and now the country generates 17% of the hashrate of the network of the first cryptocurrency.
Miners move from China to North America, Kazakhstan and Russia. On August 15, the average network hash rate was 144.12 Eh / s. The average hash rate for the last three days was 128 Eh / s, and for seven days – 118.22 Eh / s.
The network hashrate of the first cryptocurrency is recovering quickly enough. According to preliminary forecasts, with the next recalculation of the difficulty of Bitcoin mining, the indicator will increase to 16.2 trillion.
Earlier it was reported that American mining companies reported a significant increase in BTC production in July. Due to the drop in difficulty, the average increased by 58%.
In July, it became known that the Russian Association of the Cryptoindustry and Blockchain (RAKIB) launched a project to attract miners to place facilities in Russia.
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