Technology content trusted in North America and globally since 1999
7,700 Reviews & Articles | 57,105 News Posts

Ethereum mining difficulty reaches lofty new heights

Ethereum difficulty skyrockets once again, will push out many more miners
By: Anthony Garreffa | Current Affairs News | Posted: Sep 25, 2017 2:00 am

If you're still mining Ethereum, you will have notice that the difficulty has just increased by its largest amount ever... with difficulty now sitting at an insane 3TH.

 

ethereum-mining-difficulty-reaches-lofty-new-heights_01

 

Back in July, I reported that Ethereum difficulty reaching 1.75TH was squeezing out the small miners, as it had just increased from 1.25TH. But in the last 24 hours, the difficulty has risen from 2.3TH to 3TH, which is the largest jump, ever.

 

ethereum-mining-difficulty-reaches-lofty-new-heights_02

 

Looking at the numbers from June, we can see it was under 1TH... and each rise has been steady, and painful. But the last one was the worse, I mean just look at the leap it did overnight. If you're still mining Ethereum, this will hurt, a lot.

 

ethereum-mining-difficulty-reaches-lofty-new-heights_03

NEWS SOURCES:Tweaktown.com, S3.amazonaws.com

Related Tags

Got an opinion on this news? Post a comment below!
loading