According to the CoinWarz service, at the end of last week, as a result of another adjustment, the complexity of bitcoin mining increased by more than 9% from 39.16 T to 43.05 T.
For the first time in the history of the largest digital currency, mining difficulty exceeded 43 T, analysts say. They attribute this growth to a sharp increase in the number of miners connecting to the network.
The adjustment takes place after approximately 2016 blocks have been mined. The previous maximum was recorded on January 16, when the mining difficulty for the first time reached 39.57 T, but then it decreased by almost 0.5%.
After the launch of the option to create digital content on the BTC blockchain with the help of the Ordinals update, network activity increased.
Dune Analytics estimates that the activation of Ordinals and the emergence of images that some observers refer to as NFT collections have led to a sharp increase in transaction fees due to a surge in user activity.
Bitcoin fees reached $20 in mid-February. In less than a month, miners were able to earn over $800,000 processing digital content transactions.
