Bitcoin hash rate marks all-time high as BTC price drops below $25K

Bitcoin hash rate marks all-time high as BTC price drops below $25K


Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 ExaHash per second (EH/s) amid an ongoing bear market that witnesses BTC price plunging below the critical $25,000 mark.

Hash rate is directly proportional to the computing power of mining equipment for confirming transactions, which deters bad actors from manipulating on-chain transactions. Complimenting the new hash rate ATH, the Bitcoin network difficulty stands at a strong position of 30.283 trillion.

The estimated number of TH/s the Bitcoin network is performing in the last 24 hours. Source: Blockchain.com

Trending: BO POLNY DELETED!

Some of the most popular Bitcoin mining pools based on market share include Poolin, AntPool, F2Pool, ViaBTC and SlushPool. However, a majority of the total hash rate is contributed

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