Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards

Bitcoin.com | Aug 26, 2022 at 7:30 PM
  • The leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks.
  • The hashrate has increased a great deal even though the price has dropped 9% against the U.S. dollar in 14 days, and the mining difficulty has increased twice since August 4, 2022.
  • Current statistics indicate the block interval time has dropped even lower and is 9:04 minutes at the time of writing.