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  • CloudMiningInfo

September 8th, 2021 Bitcoin Difficulty has changed (+4.54%) and how does it affect Mining Charges

According to btc.com/stats/diff at 699,552 block,

2021-09-08 00:30:45 (UTC +0)

Bitcoin network difficulty has changed from:

17,615,033,039,278 with average hashrate 126.07 EH/s

to

18,415,156,832,118 with average hashrate 131.65 EH/s

bitcoin difficulty changing

This means that each TH/s now mines less bitcoin per day than before in PPS mining. In average -4.45%.


Example:

7 September, 2021 BTC Revenue: (before retarget)
0.00000724 (0% Pool Fee)
PPS mining earning: 0.00000714 
Transaction reward: 0.00000010

9 September, 2021 BTC Revenue: (after retarget)
0.00000692 (0% Pool Fee)
PPS mining earning: 0.00000682 (-4.45%)
Transaction reward: 0.00000010 (the same)
Since the current average hash rate is more often above the average of 131.65 EH/s, I expect the difficulty of the network to increase rather than decrease in the next period.

The next difficulty change will take place between September 21th and 22th. Stay tunned.

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