According to CloverPool, the Bitcoin network underwent a mining difficulty adjustment on March 21 at block height 941,472, with the difficulty dropping by 7.76% to 133.79 T. During this cycle, the average network hashrate was approximately 760.10 EH/s, with an average block time of 12 minutes and 36 seconds. The prolonged block time indicates a recent decline in active miner hashrate, triggering this downward adjustment. ...

Mining Metrics - Bitcoin hashrate is soaring [1] - Bitcoin mining difficulty is soaring [1] - Bitcoin fees are sinking [1] Source - BlocksBridge is the source of the report [1]