Ethereum Mining Difficulty Just Inches Away from All-Time-High

In brief

  • Ethereum mining difficulty today hit a two-year high.
  • It measures how hard it is to find mine blocks on the Ethereum blockchain, which are required to process Ethereum transactions.
  • The mining difficulty increase follows its booming price.

Ethereum’s mining difficulty today hit a two-year high.

Mining difficulty on the Ethereum blockchain jumped to 3,650 terahashes at around 11:15 UTC today, its second-highest level ever, data from market analytics firm Glassnode shows.

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