Mining

01/07/19 09:17 UTC±0

The difficulty of Bitcoin mining has increased several times

The difficulty of Bitcoin mining has increased several times
The difficulty of Bitcoin mining has increased several times

The difficulty of miningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation. Details
the first cryptocurrency has increased several times after the rapid growth rate. blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.
Details.com/charts/hash-rate?timespan=2years" rel="nofollow" target="_blank">According to Blockchain.com, the amount of computing power for obtaining the first cryptocurrency is 68,631,992 TH/s.

 

Bitcoin: the increasing of mining difficulty

The difficulty of Bitcoin mining began to grow after the increase in the course. It is difficult not to notice some correlation between the rising cost of cryptocurrency and the increase in tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
volume. Now, the Bitcoin rate has suffered a correction and has dropped below $11,000, but the difficulty of mining does not cease to amaze with its growth, having exceeded the two-year maximum of 68,631,992 TH/s. This is two times more than the winter performance.

In addition, it is important to consider that the total market capitalization of a currency has fallen below $200 billion and at the time of writing this article is $194,323,247,404 USD, which is equivalent to 17,791,000 BTC.

The difficulty of Bitcoin mining has increased several times. Recall that in Ukraine you can now buy cryptocurrency instantly and without registration thanks to the local exchange.

Editor: Yulia Krasnaya

See also: "In California, they will mine cryptocurrencies on solar energy"

#bitcoin #mining #miningdifficulty #bitcoinmining

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