Bitcoin Mining Difficulty Surges 13.24% as Miners Returns to Duty

The mining difficulty in the Bitcoin network has soared to its highest point for the first time in 4 weeks. According to data from Coinwarz, the current Bitcoin difficulty is 17.62 T at block 697,571, resulting in a Bitcoin mining difficulty increase of 13.24 % in the last 24 hours. The current surge is the third time the BTC mining difficulty has increased in the past month as many miners regain their feet after the Chinese rout which began around May.