Bitcoin's Total Network Unconfirmed Transactions Surpass 1.7 Million Milestone, Network Hashrate and Difficulty Continue to Rise
Publication Time:2024-08-19 05:56:09
Golden Finance reported that the latest data shows that the number of unconfirmed transactions on the Bitcoin network has already surpassed the 1.7 million threshold, reaching a new historical high of 171,875 transactions. At the same time, the network hashrate is maintaining a high level of 651.33 EH/s, indicating sustained market interest and participation in cryptocurrency. In terms of transaction efficiency, the average transaction rate over 24 hours is stable at 9.52 transactions per second, showcasing the efficient processing capabilities of the Bitcoin network. Notably, the current network difficulty value stands at 86.87 T, reflecting the overall level of mining difficulty, meaning miners need to solve more complex mathematical problems to validate new transaction blocks. According to predictions, the Bitcoin network will adjust its difficulty in 9 days, with an expected increase of 1.84% to 88.47 T. This adjustment aims to maintain the security and stability of the Bitcoin network, ensure the fairness of the mining process, and also respond to growing hashpower demands to prevent the centralization of Bitcoin. Overall, all key indicators of the Bitcoin network show positive trends, not only with the record-high unconfirmed transaction count, but also with the stable growth of network hashrate and transaction rates. The prediction of the difficulty adjustment further demonstrates the self-regulatory ability of the Bitcoin network at the technical level. These data reflect the health of the ecosystem and development potential of Bitcoin, one of the world's most prominent cryptocurrencies.
Bitcoin
transaction speed
Unconfirmed Transactions
Difficulty Adjustment
Total network hashrate
Network Difficulty