Bitcoin Mining Difficulty Takes Small Step Back After September Hike

Bitcoin's mining difficulty slipped by 0.03% on October 3rd following September's increase. The current difficulty stands at approximately 132.72 trillion, while the estimated network hashrate is around 986.07 exahashes per second.

The adjustment occurred at block 969,696 at 07:16 UTC. This change marks a small decline after the 4.16% rise in September.

Bitcoin's mining difficulty adjusts every 2,016 blocks to maintain an average time between blocks near 10 minutes. The October 3rd change reflects this periodic adjustment process.