Bitcoin mining difficulty jumps 10%, its biggest move since October
The mining difficulty — which determines how hard it is to create the next block of transactions — reset just after 4 p.m. ET, following its roughly two-week schedule. The metric rose 10.26%, according to BTC.com data.
Bitcoin hashrate also surged 20% to a new high on January 12, 2023. This is the second time the hashrate rose to a new ATH in the past week.