![Bitcoin mining difficulty hits record 65T ahead of halving, securing network further](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/11/hl.png&w=70&h=37&q=75)
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.
![Difficulty Adjustment: (Source: Glassnode)](https://cryptoslate.com/wp-content/uploads/2023/11/di.png)
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.
![Hash Rate Adjustment: (Source: Glassnode)](https://cryptoslate.com/wp-content/uploads/2023/11/hl.png)
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.