After an increase of 6.17%, the mining difficulty of BTC broke its historical highest record of 55.6 T.
Data from Glassnode shows that during the period of the previous change, the average hashrate was at 399.36 EH/s, and a 9.5 minute interval between blocks.
This was further confirmed by the Hashrate Index which saw that the price of hash decreased by 5%, from $63 per PH per day to $60. On August 17th, the 7-day moving average was at 414 EH/s, as reported by Glassnode.
The American mining company Genesis Digital Assets has expanded its bitcoin mining capacity in Sweden with the launch of a new 417 MW data center, located near a hydroelectric power plant in Porjus.
On the night of August 19, a lone miner was awarded 6.31 BTC for mining block #803 821 in the first cryptocurrency network.
Hardware manufacturer Bitmain created a market volatility protection mechanism that will last for three months after buying the S19j XP unit. This includes a compensation payment if the bitcoin quote drops more than 20%.
