Tick tock, next block: Bitcoin difficulty sees another positive adjustment

Quick Take

• Around 12:30 PM GMT, the Bitcoin network experienced another positive adjustment in difficulty, marking an increase of 2%.
• This adjustment represents the tenth positive change this year and, notably, the third consecutive one.
• This development is in tandem with a remarkable surge in the network’s hash rate, which continues to set new records.
• The previous adjustment propelled the difficulty level beyond the 50T mark, while the current hash rate has reached an unprecedented 372 TH/s.
• As a result, both the difficulty level and hash rate of Bitcoin now stand at their highest points ever.

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