The indicator has increased for the eighth time in a row after a record fall in the summer
On October 31, after another recalculation, the difficulty of Bitcoin mining increased by 7.85%, to 21.66 trillion hashes (T), according to BTC.com. The indicator has grown for the eighth time in a row. Since the end of July, the complexity of mining the first cryptocurrency has grown by 47% in total.
The difficulty of mining bitcoin dropped record-breaking from the end of May to mid-July due to the complete ban on the mining of cryptocurrencies by the Chinese authorities. Due to restrictive measures in the PRC, the hash rate of the first cryptocurrency decreased by more than 50%, since miners massively turned off equipment for relocation to other countries. Now the hash rate is being restored and on November 1 it is 148 Eh / s (exahashes).
As of November 1, Bitcoin is trading at $ 62,000, and its capitalization is $ 1.17 trillion, according to CoinGecko. During the day, the cryptocurrency has risen in price by 2%. Monthly growth was 29%.