The Bitcoin network has never been so powerful. His mining difficulty has just reached an absolute record at 142.3 trillions, up 29.6 % since January. This figure reflects both the rise of the hashrate and the growing pressure on mining companies. While blockchain is strengthening in the face of potential attacks, technical and economic requirements require an increasingly harsh selection among players in the sector.
In short
- Bitcoin's mining difficulty reached a historic record of 142.3 trillion, up 29.6 % since January.
- This unprecedented level strengthens network security and makes any attempt to attack 51 % more expensive and complex.
- The automatic adjustment of the difficulty illustrates the unique capacity of Bitcoin to self -regulate and preserve its balance.
- This increase exerts increasing pressure on mining specialists, pushing the least effective to leave the market.
A network with unprecedented power
While the Hashrate of Bitcoin was down for a few weeks, CJ Burnett, Director of income at Compass Mining declared :: “The difficulty of adjustment is one of the most elegant and underestimated characteristics of Bitcoin”.
According to him, this protocol self -regulating capacity allows the blockchain to recalibrate continuously, ensuring that the average interval between each block remains close to the ten minutes provided by the initial code. This dynamic explains why the recent increase has propelled the difficulty of mining to a historic level.
Here are the important figures:
- 142.3 trillion: new record of difficulty, an increase of 29.6 % since the start of the year;
- 136.04 trillion: previous summit reached only a week earlier;
- 1.09 ZH/S: Unpublished level of the hashrate, representing the collective calculation power of the network.
This simultaneous increase in difficulty and hashrate reflects a significant strengthening of the security of the Bitcoin network. The more computing power is needed to undermine, the more complex it becomes, and expensive, to try a 51 %attack. In other words, the protocol stands out as an ever more robust, perpetual evolution system, which consolidates its central role in the crypto ecosystem.
Increased pressure on mining specialists
If this rise in power illustrates the solidity of the protocol, it also redraws the conditions of survival for the actors of the mining. As Burnett explains, the increase in difficulty “Often forces the less effective specialists to disconnect, while those with solid infrastructure and low -cost energy prosperous”.
In a highly competitive sector, only operators capable of taking advantage of latest generation equipment can remain competitive.
For Alex de Vries, founder of Digiconomist, technological progress, however, play a key role. “As new generations of mining equipment arrive on the market, the amount of electricity consumed per unit of calculation decreases”he underlines.
This increased efficiency reduces the direct link between hashrate and energy consumption, which allows mining players to run more machines without necessarily weighing down their global bill. In other words, the increase in difficulty does not result in mechanically in a proportional increase in operating costs.
The current trend confirms that the profitability of mining companies remains closely linked to the price of Bitcoin. As long as the latter is evolving at high levels, the revenues generated allow them to absorb larger energy expenditure, thus consolidating their presence on the market. However, if the course were to undergo a brutal correction, the increase in difficulty could accentuate the fragility of the less well armed actors.
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