Bitcoin mining complexity down 4.19%

-- On August 15, the complexity of bitcoin mining decreased by 4.19%.

-- The index fell to a mark of 86.87 T.

-- The average hash rate is holding steady at 740.30 EH/s.

On August 15, 2024, the bitcoin mining difficulty decreased to a mark of 86.87 T. Since the last change date, the figure has decreased by 4.19%, according to BTC.com.

The current average hash rate on the bitcoin network is 740.30 EH/s.

Note, the difficulty of mining determines the required total power of equipment for mining cryptocurrency. If the indicator has increased, it may indicate that the activity among miners is growing, and vice versa.

The increase in this indicator brings closer the date of halving the first cryptocurrency, which last took place on April 20, 2024.

The next recalculation will take place tentatively on August 29. The forecast is an increase in the indicator by 0.23%, according to BTC.com.

Recall, on July 31, 2024, the complexity of bitcoin mining updated the historical maximum and reached a mark of 90.67 T.