Bitcoin
The mining difficulty is on the right track to reach a new summit of all time around midnight UTC as a sign of increased participation by minors who makes the blockchain more secure.
The adjustment is likely to finalize in the following 100 blocks, the projections showing that the measure will increase by approximately 4% to 126.95 Billions (T), eclipses the current record of 123 T. The difficulty was 109 T at the beginning of the year, according to Coinwarz.
The increase reflects increasing long -term confidence in the value of Bitcoin, even if chain activity and transaction costs remain low.
The difficulty is adjusted all the 2,016 blocks and is motivated by the network hashrate, which measures the total computing power dedicated to the security of the network. The seven -day mobile average of the hashrate is now 918 exams per second (EH / S), having increased by 840 (EH / S) in the last two weeks. With the previous peaks at 925 EH / S, any new increase would mark a new high record in Hashrate.
Despite the increase in mining activity, transaction costs remain exceptionally low. A high priority transaction currently only requires 2 Satoshis per virtual byte (SAT / VB), equivalent to around $ 0.30. The higher the costs, the more a transaction will be confirmed faster, because minors prioritize the transactions that pay more.
These figures suggest that although the demand for transactions on the Bitcoin network is moderate, the mining power continues to switch to new heights, highlighting a divergence between the use and growth of infrastructure.
