Bitcoin mining difficulty hits record 65T ahead of halving, securing network further 
Quick Take
On Nov. 12, the Bitcoin difficulty underwent another upward adjustment of 3.5%, marking the fifth consecutive rise in a row similar to the trend observed from February to April. Now at an unprecedented 65T, the Bitcoin difficulty mirrors the continuous surge in the hash rate.
Over a 7-day moving average, the hash rate teeters around its all-time high atย about 450 eh/s. However, when inspected daily, the hash rate has shown an even more robust performance, exceeding 500 eh/s. This consistent climb in the hash rate and difficulty underlines an increasing fortification of the Bitcoin network.
As the network prepares for the halving event, these developments suggest a record level of security. The increasing difficulty and hash rate signifies a robust computing power dedicated to processing Bitcoin transactions, enhancing the network’s resistance to potential threats.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
Latest Insights
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Featured Data Partner
