After the May 31st adjustment in the Bitcoin mining difficulty which saw it drop from 48,807,487,245 to 47,589,591,154 or -2.50%, today's change in difficulty sees the network regain lost ground having reached a new all time high of 49,692,386,355.

The next block reward halving event looms ever closer with approximately 58 weeks remaining until it occurs.

With the tenth adjustment in the Bitcoin mining difficulty for 2015, the difficulty has increased to 48,807,487,245. Today's adjustment represents an increase of 2.44% over May 3rd's difficulty of 47,643,398,018. The global hash rate as of today's change stands at 349,377,603 GH/s.

With the ninth adjustment in the Bitcoin mining difficulty for 2015, the difficulty has increased to 47,643,398,018. Today's adjustment represents a minor increase of 0.07% over April 19th's difficulty of 47,610,564,513. The global hash rate as of today's change stands at 341,044,727 GH/s and approximately 64 weeks and three days remain until the next reward halving occurs.

With what is the eighth adjustment in the Bitcoin mining difficulty for 2015, the difficulty has decreased to 47,610,564,513. This represents a reduction of -3.71% from April 5th's all time high of 49,446,390,688. The global hashrate as of today's change stands at 340,809,696 GH/s. Today's change marks the third time the mining difficulty has decreased during 2015, something which only occurred twice during all of 2014.

With what is the sixth adjustment in the Bitcoin mining difficulty for 2015, the difficulty has decreased to 46,717,549,645. This is a reduction of -1.50% over March 8th's all time high of 47,427,554,951. The hash rate as today's change stands at 334,417,246 GH/s.

Today's change also marks the 2nd time that the difficulty has adjusted downwards during 2015. For the sake of comparison, the mining difficulty only decreased twice last year. Despite this, 2015's hash rate has remained above levels seen throughout 2014.

With what is the fifth adjustment in the Bitcoin mining difficulty for 2015, the difficulty has increased to a new all time high of 47,427,554,951. Today's increase of 1.59% over February 22nd's difficulty of 46,684,376,317 represents the smallest gain for the network so far this year. The hash rate as of today's change stands at 339,499,662 GH/s.¹

1. An average over the last 504 blocks. ↩

With the fourth adjustment for 2015 occurring today, the Bitcoin mining difficulty has grown to a new ATH of 46,684,376,317. This is an increase of 5.01% over February 9th's previous ATH of 44,455,415,962. The global hash rate as of the change stands at 334,179,783 GH/s.¹

The block height stands at 344737 with a remaining 75263 blocks to be mined prior to the reward halving. The next reward halving event is forecast to occur in July or August of 2016.

1. An average over the last 504 blocks. ↩

Despite January 27th's drop in the mining difficulty by -6.14%, today's adjustment increased by 7.71%, taking the difficulty to a new all time high of 44,455,415,962. The hash rate at the time of today's increase was 318,224,263 GH/s, up from 295,442,739 GH/s on January 27th. Continue reading →