Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much…

Bitcoin.com | Oct 7, 2022 at 6:30 PM
  • As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5.
  • At the time of writing, the current speed at which blocks are processed is faster than the typical ten-minute average block intervals between the current block height (757,531) and the last difficulty adjustment.
  • With the average bitcoin block interval between the current height (757,471) and the last difficulty epoch (756,000) at 8:49 minutes, it means BTC’s network difficulty is due for a notable rise.