Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At the time of writing, Bitcoin’s mining difficulty appears to be on track for a 10% increase, rising from 34.09 trillion to an all-time high of 37.57 trillion.

The leading cryptocurrency network, Bitcoin (BTC), is set to experience a record-setting difficulty increase in three days, on or around Jan. 15, 2023. At the time of writing, the network’s hash rate is at 268.79 exahash per second (EH/s) and the blockchain’s computational power reached an all-time high on Jan. 6, 2023. On that day, at block height 770,709, the network’s hash power reached 361.20 EH/s.