Bitcoin Mining Difficulty Poised to Spike by Most Since January Amid Colder Weather

Simultaneously, in the last month new technology has been deployed across facilities. โ€œA lot of machines have come online in the last month, increasing bitcoin’s seven-day average hashrate from 210 EH/s to 226 EH/s (a 7.6% increase). This increase comes from miners plugging in new models, like the Antminer S19 XP, which miners began receiving in batches starting in July,โ€ said Colin Harper, head of research and content at Luxor Technologies.

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