Bitcoin News :The hashrate and the difficulty of digging the bitcoin increase as close to Halving

The two main figures of Bitcoin – hashrate and difficulty mining (the difficulty of digging) – are noted for their high level prior to the Bitcoin Halving event.

Hashrate

In it, Bitcoin's Hashrate has increased to over 116 million TH/s compared to about 95 million TH/s in late 3 months.

Bitcoin's hashrate is increasing in proportion to Bitcoin's price increase, "said Thomas Heller, global business manager at F2Pool.

Another reason that hashrate increased was that there were a lot of excavator before the hour to not currently re-run Bitcoin mining, many bitcoin mining companies are pushing the productivity of Bitcoin digging in the hopes that Halving the price of bitcoin will increase, through which they will make a profit.

Heller also noted an interesting thing that electricity prices had become cheaper in China and the country is coming near the rainy season, so he predicted the upcoming will have more Bitcoin mining facilities joining the network.

Heller believes that bitcoin's hashrate will continue to increase sharply over the next few days, with the event halved by the BTC's block rewards approaching.

Investor Alejandro De La Torre also hopes hashrate of Bitcoin will reach record highs in the coming days because this is the last chance of the miners to receive the 12.5 BTC reward before halved.

The difficulty of digging

Difficulty – or the difficulty of digging, a competitive indicator among Bitcoin mining companies, has also touched the 6.10 (trillion) highs today, compared to its all-time highs of 16.55 (trillion) which were recorded in March 3.

This suggests that a lot of miners BTC has joined the race before Halving, which will see the reward mined on each block decreased from 12.5 BTC to 6.25 BTC.

The halved reward block is expected to occur next week on 12 May.