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++ PROPOSED NEXT BITCOIN HALVING EVENT ++

Bitcoin halving reduces the number of new bitcoins created. It happens automatically every 4 years. Less supply makes bitcoin more valuable, line go up. Like when there are fewer vintage toys, they become more special, and people will pay more for them.

Current Bitcoin Mining Difficulty

Bitcoin Mining Difficulty as of 01 Jan 2024



The current bitcoin mining difficulty is 72.01 T at block 823,073, with an increase of 0.00% in the last 24 hours.

Mining difficulty is the approximate number of hashes required to mine a single block, and it is adjusted automatically after 2,016 blocks have been mined in the network, depending on the number of participants in the mining network and their combined hashpower. Bitcoin's mining difficulty is readjusted every 2,016 blocks, or approximately every two weeks, as the network determines whether the activities of miners for the period resulted in the reduced or increased time to find a new block.

Bitcoin Milestone 

As of November 2021, mining new Bitcoin on the blockchain is as hard as it has ever been, with mining difficulty reaching an all-time high of nearly 37 trillion.