It’s a new all-time high–for Bitcoin (BTC) mining difficulty. Hot on the heels of the Bitcoin hash rate hitting new highs, the difficulty adjustment, or the complexity that miners must overcome to solve valid blocks, has increased by 13.55%.
Despite pressure from falling prices in 2022, the difficulty adjustment continues its steady march upward from the lows of August 2021. It hit an all-time high of 35.61 trillion on Oct. 10, following a period in which six blocks were solved in rapid succession.