Bitcoin Mining Difficulty Reaches New High

According to BlockBeats, on October 23, BTC.com data revealed that Bitcoin mining difficulty experienced an adjustment at block height 866,880. The adjustment occurred at 2:05:01 AM UTC+8, resulting in a 3.94% increase in mining difficulty, reaching a new all-time high of 95.67 T. This marks a significant milestone in the Bitcoin network's history. Over the past seven days, the average hash rate across the network has been recorded at 712.90 EH/s.