Bitcoin Mining Difficulty Adjustment

Mining difficulty reaches new all-time high as Bitcoin hashrate skyrockets

Analyzing Bitcoin’s difficulty adjustment and mining profitability

Bitcoin’s total hashrate

  • Previously acquired hardware being delivered and connected to the network.
  • Bitmain reducing ASIC prices by 41%.
  • Ethereum miners selling their GPUs and switching to Bitcoin after the merge.

Bitcoin’s mining difficulty

Hashprice, or mining revenue per TH/s

Bitcoin mining profitability overview

The difficulty adjustment in numbers

  • Difficulty adjustment block height: 758,016
  • Date of the adjustment: 10/10/2022
  • Average hashrate at the time of the adjustment: 254.80 EH/s
  • Previous difficulty: 31.36T
  • Current difficulty: 35.61T
  • Difficulty change: +13.55%
  • Miner revenue per TH/s (hashprice) after adjustment: $0.068

About Titan

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We deliver software and services for crypto mining at scale. A Bloq Inc. company. Visit us on https://titan.io.

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Titan Mining

We deliver software and services for crypto mining at scale. A Bloq Inc. company. Visit us on https://titan.io.