Quick Take
Bitcoin difficulty adjusted positively last night with a whopping 7% increase. This is now the third positive adjustment in a row for Bitcoin. Also, out of the last 44 adjustments stretching back to August 2021, 31 of them have been positive. This shows the relentless nature of the hash rate — making an all-time high of 339 th/s. Both hash rate and difficulty are at an all-time high.
Difficulty Adjustment: (Source: Glassnode)
Hash rate: (Source: Glassnode)
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