Bitcoin network difficulty breaks into a new all-time high of 29.794T


Bitcoin network difficulty breaks into a new all-time high of 29.794T

Reassuring its position as the most resilient blockchain network against attacks, the network recorded a new all-time high network difficulty for the second time this month in April — jumping from its previous all-time high of 28.587 trillion to 29.794 trillion.

Greater network difficulty demands greater computational power to successfully mine a Bitcoin (BTC) block, which prevents bad actors from taking over the network and manipulating transactions, also known as double-spending.

Bitcoin network difficulty. Source: Blockchain.com
Bitcoin total hash rate. Source: Blockchain.com