Bitcoin hash rate taps new milestone with miner hodling at 1-year low

Bitcoin hash rate taps new milestone with miner hodling at 1-year low


Bitcoin (BTC) is seeing new records in network activity as volatility sends BTC price action to fresh five-month highs.

Data from resources including MiningPoolStats confirms that Bitcoin’s hash rate hit new all-time highs on Jan. 26.

Hash rate passes 300 EH/s threshold

Trending: MASSIVE DUMP OF PIZZAGATE & PEDOGATE VIDEOS

In another example of Bitcoin’s blitz recovery from the pits of post-FTX woes, network hashing power is now bigger than ever.

Hash rate, which is an expression of the processing power dedicated to the network by miners, is currently at 321 exahashes-per-second (EH/s), according to MiningPoolStats raw data.

Bitcoin hash rate raw data chart (screenshot). Source: MiningPoolStats

Despite being only an estimate and impossible to measure entirely accurately, the latest readings are quite the feat, having never crossed the 300 EH/s level before.

Mining firm Braiins likewise confirmed the numbers

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend