von Summary
- The Bitcoin network hash rate recently reached a record high of 342.16 EH/s, with Foundry USA and Antpool dominating the hash rate.
- Mining difficulty has also increased to an all-time high of 47.89 trillion at block height 784,224 on April 7th.
- Since the start of 2021, miner revenue has increased by 70%, indicating a resurgence in the Bitcoin mining industry.
Bitcoin Network Difficulty & Hash Rate
The Bitcoin network hash rate has climbed to a new record high of 342.16 EH/s as of April 7th. Foundry USA and Antpool are leading the way in terms of hash rate domination; they hold 33.9% and 18.7%, respectively. This is closely followed by an increase in mining difficulty which also reached an all-time high for the fourth consecutive time – increasing by more than 2%. According to Blockchain data, this latest push elevated the metric to 47.89 trillion at a block height of 784,224 on April 7th. The two previous increases were around 1.16% and 9.9%.
