#Crypto Market Rebound#
On August 22, as a result of another recalculation, the mining difficulty of the first cryptocurrency reached 129.7 TH. The indicator increased by only 0.2%, but updated the historical maximum.
The difficulty has been increasing for about four two-week periods between adjustments. The inter-block interval has consistently remained below 10 minutes, and the current forecast for the metric is further growth of 1.15%.
According to Glassnode, the hash rate (7 DMA) stands at 945 EH/s. A record value of 966 EH/s was recorded on August 7.
According to BitcoinMiningStock, public mining companies have increased their share of Bitcoin's computing power to 39.7%.
In terms of pools, Foundry USA concentrated 32.8% of the hash rate, AntPool accounts for 16.2%, and ViaBTC has 11%. Together, these three entities control about 60%.
According to Hashrate Index, the hash price increased from $55.3 to $56.5 per PH/s in the last 24 hours. The mining profitability metric has risen against the backdrop of a slight change in network difficulty and Bitcoin's recovery to levels above $115,000.
GoMining Institutional has predicted a new wave of institutional investments in the mining of the first cryptocurrency due to competition for energy resources with the AI computing segment.
