The Bitcoin network’s mining difficulty surged by 3.6% to a new all-time high on Wednesday, according to blockchain explorer Mempool. Reaching a staggering 92.67 trillion at block height 860,832, this adjustment surpasses the previous peak of 90.67 trillion recorded in late July. This escalation reflects growing computational efforts and power requirements as miners work to generate new blocks.

Additionally, over the weekend, Bitcoin’s total hash rate hit a record high. Data from The Block indicates that the seven-day moving average reached an unprecedented 693.84 EH/s, showcasing the intense activity and robust participation by miners in the network.

This rigorous adjustment process, which occurs every 2016 blocks—or approximately every two weeks—ensures a new block is found every 10 minutes on average, maintaining the network’s efficiency and reliability, regardless of fluctuations in miner numbers.

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