Bitcoin Network Mining Difficulty Climbs ~7.28 Percent In Latest Adjustment

Mining difficulty on the Bitcoin network has risen ~7.28 percent to 559970892890.83813477 from 521974519553.62823486 for a new all time high. The previous adjustment a slight increase of ~0.22% fromĀ 520808749422.13983154 to was also a new all time high as has been the trend for much of Bitcoin's ever increasing history.

Fiat currency malaise continues as well with the United States dollar continuing to suffer an increasing number of all time lows against the Bitcoin.

fiat/Bitcoin Interfaces Testing US dollar At 1/1400th Bitcoin Price Level

The bulk of fiat centered fiat/Bitcoin interfaces are testing a price that would drop the value of a United States dollar to 1/1400th of a Bitcoin on their markets. The malaise affecting fiat currencies has kept the dollar trading under 1/1000th of a Bitcoin for most of 2017. At the present fiat/Bitcoin interfaces which are outliers from the pack include BTCChina which has illegally cooperated with the PBOC to stop Bitcoin outflows while still allowing fiat outflows leaving it a laggard where a dollar is still a whopping 1/1180th of a Bitcoin, simply for the reason that a dollar can be taken off of their troubled platform. Bitfinex is also an outlier in the other direction where a dollar is a mere 1/1497th of a Bitcoin as it goes through Goxian death pains.

Bitcoin Mining Difficult Goes Up ~3.24% In Newest Adjustment

Today Bitcoin mining difficulty increased ~3.24 percent from 460769358090.71423340 to 475705205061.62921143 for yet another all time high. The magnitude of increase is down slightly from the last two adjustments of ~4.535 and ~4.4 percent. US dollars continue trading under 1/1100th of a Bitcoin on fiat centered fiat/Bitcoin interfaces as fiat malaise continues.

Bitcoin Network Mining Difficulty Up Yet Again To 460769358090.71423340 For New All Time High

The Bitcoin network mining difficulty has risen to 460769358090.71423340 from 440779902286.58917236 in a change of ~4.535 percent. This is in line with last period's rise of ~4.4 percent. Meanwhile fiat/Bitcoin interfaces continue to steadily report record malaise on the fiat side. Reported prices continue to be near or below the 2013 MtGox record low for the US dollar.

Coindesk: Bitcoin Price Malaise! (As US Dollar Continues To Trade Under 0.001 BTC)

Coindesk1 today gave the exciting title

"Crypto Traders Flock to Altcoins Amid Bitcoin Price Malaise"

to a mundane piece whose only actual mentions of fiat/Bitcoin interface reported price concerns continued price stability. With the value of the United States dollar continuing to be reported under 0.001 BTC for much of this young year, all malaise seems to be accumulating on the fiat side.


  1. A fake news operation funded by Barry Silbert  

Bitcoin Mining Difficulty Climbs ~7.43% In Latest Adjustment – Yet Another All Time High

The Bitcoin network mining difficulty has climbed to 422170566883.83685303 in an approximately 7.43% increase over the previous level. Two weeks ago, the last adjustment took the network mining difficulty up ~16.64% in move that represented a substantial purchases of computing equipment good at hashing double rounds of SHA256 and nothing else. As with most recent difficulty adjustments this is yet another all time high Bitcoin mining difficulty.