Bitcoin network difficulty breaks into a new all-time high of 29.794T By Cointelegraph

May 1, 2022


Bitcoin community problem breaks into a brand new all-time excessive of 29.794T

Reassuring its place as essentially the most resilient blockchain community towards assaults, the community recorded a brand new all-time excessive community problem for the second time this month in April — leaping from its earlier all-time excessive of 28.587 trillion to 29.794 trillion.

Larger community problem calls for better computational energy to efficiently mine a Bitcoin (BTC) block, which prevents unhealthy actors from taking on the community and manipulating transactions, also called double-spending.

Bitcoin community problem. Supply: Blockchain.com
Bitcoin whole hash fee. Supply: Blockchain.com