The mining difficulty tied to the Bitcoin network increased for the first time in 57 ڏينهن, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022. After reaching 292 exahash per second (EH/s) on June 8, Bitcoin’s hashrate today is coasting along below the 200 EH/s mark at 182 EH/s.

Bitcoin’s Difficulty Increases, Making It More Difficult to Discover Block Rewards for the Next 2 Weeks

Following the three consecutive difficulty adjustment algorithm (DAA) reductions over the last six weeks, the DAA has shifted upwards for the first time since June 8. On August 4, at block height 747,936, the difficulty increased by 1.74%, bringing the metric up from 27.69 trillion to the current 28.20 trillion.

Bitcoin's Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
Bitcoin’s mining difficulty changed on August 4, 2022, at block height 747,936.

The DAA, or difficulty epoch, changes every 2,016 blocks or roughly every two weeks. The DAA increases when the 2,016 blocks are discovered too fast and the metric decreases when the discovery time is too slow. Satoshi Nakamoto’s design makes it so roughly every ten minutes, a new بي ٽي سي block is found as the DAA system is modeled by a Poisson distribution scheme.

Bitcoin's Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
Bitcoin hashrate on August 4, 2022.

Since the 1.74% increase on Thursday, it is now harder to find a bitcoin block than it was during the last two weeks. Prior to the rise, the DAA shifted downwards three times in a row after June 8. Currently, the network’s 28.20 trillion difficulty metric is 9.76% lower than the all-time high in mid-May when it tapped 31.25 ملي.

With lower بي ٽي سي prices and the latest difficulty increase, the changes could affect miners negatively during the next two weeks. At press time, the network’s computational power is under the 200 EH/s zone, as it’s coasting along at 182 EH/s today.

Bitcoin's Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
First and second quarter hashrate data compiled by’s Edith Muthoni.

The overall Bitcoin hashrate slipped 1.7% lower in Q2 2022 compared to the first quarter, according to statistics compiled by’s fintech expert Edith Muthoni. “In the second half of the second quarter, Bitcoin’s overall hash rate grew more irregular and variable,” Muthoni notes in her research. “This behavior indicates miners are struggling to adapt to the changing market conditions.”

At 182 EH/s, Bitcoin’s hashrate is 37% lower than the 292 EH/s all-time high posted on June 8. Second quarter data indicates that Foundry USA was the top mining pool, capturing 22.27% of Q2’s overall hashrate. Foundry discovered 2,843 بي ٽي سي blocks out of the 12,766 blocks found in Q2.

Antpool followed Foundry with 14.77% of the global hashrate as the pool discovered 1,885 blocks during the three-month period. The third largest mining pool in Q2 2022 was F2pool, with 14.31% of the global hashrate, as it mined 1,827 out of the 12,766 blocks discovered in the second quarter.

هن ڪهاڻي ۾ ٽيگ
Antpool, Bitcoin Miners, Bitcoin کان کني, block height 747936, Blocks, BTC blocks, BTC Mining, BTC Mining pools, DAA, DAA decrease, DAA rise, difficulty, difficulty increase, F2Pool, Foundry, Hashpower, Hashrate, mining, Mining Pools, Poisson distribution, Satoshi Nakamoto’s design

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Jamie Redman

Jamie Redman is the News Lead at News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for News about the disruptive protocols emerging today.

تصويري ڪريڊٽ: شٽر اسٽاڪ, Pixabay, Wiki Commons

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