Today, mining difficulty has increased by 9%, setting a new record.
As can be seen in the graph below, the Bitcoin hashrate has fully recovered after a sharp drop in the summer, when the Chinese authorities began to close all farms.
From that moment on, both the hashrate and mining difficulty gradually grew. The USA has become the new leader in hashrate in the world. On January 8th of this year, the difficulty increased by 0.41%, and today by as much as 9.32%.
Bitcoin mining difficulty is adjusted every 2016 blocks, or approximately every two weeks. This mechanism is designed to maintain an average block release rate of 1 block per 10 minutes as hashrate rises and falls.
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According to www.theblockcrypto.com
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