Bitcoin Hash Rate Hits New All-time High
The Bitcoin hash rate has hit new highs after rising more than 114% in five months, fully recovering from the Chinese ban of bitcoin mining.The Bitcoin hash rate has made a new all-time high, fully recovering from the Chinese bitcoin mining ban this summer. The network is stronger than ever, having risen by over 114% in five months to fully recover from the more than 50% drop after the Chinese crackdown. The Bitcoin hash rate hits 181.77 EH/s, breaking previous all-time highs of 180.82 EH/s (7-day moving average) — source: Coin Metrics. China started increasing its regulatory scrutiny....
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The Dogecoin hash rate has actually seen good growth in the year 2022. At the end of 2021, it sat around 371 terahashes per second (TH/s) and by May had touched as high as 540 TH/s. There wasn’t much increase from there though until the Ethereum Merge happened back in September. Since then, Dogecoin has benefitted from the migration of ETH miners to other networks and its hash rate has touched a new 7-month high due to this. Dogecoin Hash Rate Balloons Earlier in the week, the Dogecoin hash rate had recorded one of its highest spikes ever. This took place on Tuesday when the mining hash....
The Bitcoin network hash power is at an all-time high as the spot price looks to breach the $36,000 price mark for the first time. The Bitcoin (BTC) price is not the only metric seeing record numbers as the network hash rate has set a new all-time high.According to data from Blockchain.com, the estimated seven-day average Bitcoin hash rate is now at about 148 exahashes per second, or EH/s. This figure represents the amount of computing power expended by miners to secure the network every second.Bitcoin hash rate. Source: Blockchain.com Tweeting on Jan. 1, on-chain analytics data provider....
The Ethereum mining hash rate has reached a new all-time-high (ATH) value after completely recovering from China’s crackdowns. Ethereum Mining Hash Rate Makes New ATH The ETH network hash rate has made a new ATH record as the average daily hash rate reached 715k GH/s on Sunday. As Ethereum currently uses a Proof of Work […]
The Ethereum hash rate broke the 250 TH/s barrier for the first time since Aug. 2018 The amount of computing power on the Ethereum network is currently at an all time high following weeks of volatility in key metrics on the blockchain.According to data from on-chain analytics provider Glassnode, the Ethereum hash rate hit an all time high of more than 250 terahashes per second (TH/s) on Oct. 6, marking an 80% rise since January. Glassnode reported that a surge in the hype surrounding DeFi projects this year sparking higher gas fees may have contributed to the metric reaching an all time....
As Bitcoin hash rate continues to rise, a new ATH could soon be in sight. Here’s what it might mean for the price based on previous pattern. Bitcoin Hash Rate Continues To Go Up The BTC hash rate has been increasing for the past couple of months after crashing down in June from the all-time-high […]