The difficulty of Bitcoin achieved an all-time high on May 18, 2023, at block height 790,272. The network’s difficulty is now 49.55 trillion hashes away from 50 trillion hashes, making it the most difficult to uncover a block reward ever. Bitcoin miners are currently committing 363.84 exahash per second (EH/s) to the Bitcoin blockchain, and block intervals are slightly longer than the usual ten-minute average. Foundry USA is the most popular bitcoin mining pool, with a hashrate of roughly 109.04 EH/s. Despite the increased difficulty, Bitcoin miners have kept the hashrate high by putting more computational power into the network.
Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
