Bitcoin mining difficulty jumps 10%, its biggest move since October
Quick Take
- Bitcoin’s mining difficulty climbed 10.26%, according to data from BTC.com.
Bitcoin's mining difficulty metric has risen just over 10%.
The mining difficulty — which determines how hard it is to create the next block of transactions — reset just after 4 p.m. ET, following its roughly two-week schedule. The metric rose 10.26%, according to BTC.com data.
Such a move was anticipated, as The Block's Catarina Moura reported this weekend. The bitcoin mining hashrate has also climbed in recent days after a slump in late December, according to The Block's Data Dashboard.
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