๐ Bitcoin Mining Difficulty Hits Record High โ 129.44T ๐๐ฅ
The Bitcoin network has once again reached historic heights, with mining difficulty surging for the 11th time in 2025 โ up 1.42% on August 8. This new all-time high of 129.44 trillion intensifies the challenge for miners, tightening the race for rewards amid record-breaking onchain activity. โก๐ป
Even with five downward adjustments this year, overall difficulty has climbed 17.73% year-to-date, reflecting strong network growth fueled by skyrocketing hash rates and heightened transaction volumes. ๐
๐ Key Milestone: 129.44T Difficulty at Block 909,216
Bitcoinโs protocol recalibrates difficulty every 2,016 blocks (~2 weeks) to maintain an ideal 10-minute block time. This latest adjustment was triggered as miners processed blocks faster than expected, thanks to a surge in network hash power. ๐ ๏ธโ๏ธ
As of August 10, 2025:
Blocks Mined in Last 24h: 132 ๐งฑ
Average Block Size: 760.36 KB
Blockchain Size: 491.50 GB ๐
Average Block Time: 10m 55s โฑ๏ธ
๐ Onchain Momentum Keeps Rising
Over the last 24 hours:
Daily Transactions: 414,126 ๐ฌ
Hourly Rate: 17,255 ๐
Average Transaction Value: 0.3001 BTC (~$35,452) ๐ฐ
Median Transaction Value: 0.001 BTC (~$118) ๐ช
Active Addresses: 649,928 ๐
Total Value Transferred: $14.68B (124,268 BTC) ๐น
๐ก Fees remain low โ averaging just $1.40 per transaction, making up only 1.23% of block rewards. Each block now delivers 3.125 BTC + fees, totaling ~$372,857 at Bitcoinโs current price of $118,145.
โก Hash Rate & Profitability Trends
Peak Hash Rate: 976 EH/s on Aug 8 ๐
Current: 730.66 EH/s (โ19.67% in 24h) ๐
Mining Profitability: $0.0674/day per TH/s ๐ต
This drop could signal miner capitulation or strategic pauses due to razor-thin margins.
๐ฎ Whatโs Next?
Next Adjustment: In ~12 days, early estimates show a -1.77% decrease in difficulty, potentially easing miner pressure.
BTC in Circulation: 19,903,661 BTC ๐ช
Next Halving: ~963 days away (Block 1,050,000) โณ
Despite rising difficulty, Bitcoinโs security, decentralization, and adoption remain stronger than ever. The competition for rewards is fierce, but the networkโs resilience continues to shine. ๐
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