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Sponsored by Gem Bitcoin Mining State of Bitcoin Q1 2015

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Sponsored by Gem
Bitcoin Mining Arms Race Slows:
Bitcoin’s Network Difficulty QoQ Growth Rate Flattens
69State of Bitcoin Q1 2015
Notes: Difficulty represents the number of necessary hash calculations to mine a new block.
Data source: CoinDesk
Quarterly Increase in Bitcoin Mining Difficulty
11.8
17.8
6.0 6.1
236%
106%
17% 15%
0%
50%
100%
150%
200%
250%
0
2
4
6
8
10
12
14
16
18
20
Q2 2014 Q3 2014 Q4 2014 Q1 2015
Hashes
Billions
Quarterly Increase in Mining Difficulty Qtr.-over-Qtr. Percentage Increase in Mining Difficulty

Published in: Economy & Finance, Internet

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