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Bitcoin (BTC) Difficulty Increase Projected at 4.8% Ahead of Next Adjustment

Bitcoin (BTC) Difficulty Increase Projected at 4.8% Ahead of Next Adjustment

Photo: TokenPost

Bitcoin (BTC) mining difficulty was projected to rise 4.8% at the next adjustment as of 8:21 a.m. ET (12:21 UTC) Sunday, Oct. 25, with 693 blocks left in the current cycle. Difficulty stood at 140.58 trillion, and Bitcoin’s estimated one-week average hashrate was 1.08 zettahashes per second. Earlier projections for the same upcoming adjustment included a 2.05% estimate on Oct. 17 and a separate 6.44% projection for a retarget expected around Oct. 29. The current estimate falls between those readings and can shift as blocks are produced. The Oct. 17 estimate and the earlier projection for the Oct.

Source: TokenPost

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