Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto A...
While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s. Moreover, after nine consecutive difficulty changes, going forward, it will be 50% more difficult to mine bitcoin than it was three months ago for the next two weeks. Bitcoin’s Hashrate Follows the Price Rise At the time of writing, Bitcoin’s hashrate is coasting along at....
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Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while the hashrate is 22,900% higher, the number of bitcoins found per year is a whole lot less. 334,668 Bitcoin Minted Since September 2021 — Foundry USA Captures the Most Blocks Miners accrued just over 334,668 BTC since September 10, 2021, and 53,547 blocks were found during the past 12 months.....
During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise, as Bitcoin’s mining difficulty has adjusted upward nine times in a row to date and it’s closing in on the network difficulty ATH recorded six months ago. Bitcoin’s Mining Difficulty Approaches Lifetime High Bitcoin’s mining difficulty is approaching the all-time high recorded on May 13, 2021. The network’s difficulty is....
Bitcoin’s hashrate has been increasing a great deal during the last three months, as it’s increased more than 32% from 103 exahash per second (EH/s) on July 25 to today’s 137 EH/s, with a few highs in between around the 189 EH/s mark. Bitcoin’s price spike has pushed the hashrate higher and in a week’s time, the overall mining difficulty is expected to increase for the eighth time in a row.
Bitcoin Hashrate Steadily Rises Higher
As bitcoin’s price is still more than 30% higher during the last month, even after the fall below the $60K....
The hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently reaching a lifetime high. Five months ago the hashrate tapped a low at 69 EH/s and since then, the hashpower has increased by 163% during the last 178 days, or five months ago.
Bitcoin Hashrate Continues to Run Hot at End of Year Following China’s Crackdown on Bitcoin Mining This Past Summer
Miners dedicating SHA256 hashpower to the Bitcoin blockchain have been keeping the processing power above 180 EH/s. At the time of writing on December 23,....
Bitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash on June 28. Today, statistics show Bitcoin’s hashrate has increased more than 92% since then and the network is due for another increased difficulty change in four days.
Bitcoin’s Hashrate Improves a Great Deal in 2 Months
Bitcoin has risen more than 7% in fiat value during the last seven days and has a market capitalization of over $950 billion on Friday. At press time, three month hashrate stats....