June 22, 2024

BTC hashrate reached new highs and continues to grow

BTC hashrate reached new highs and continues to grow

According to data from Coin Dance, on March 5, BTC miners set a new record for the network's hash power, and the price of the asset broke throughmark of $ 9,000.

Today, the Bitcoin hashrate has reached 150 EH/s, a record figure in the history of the blockchain. 

BTC hashrate reached new highs and continues to grow

Hashrate is a key factor that affects the security of the Bitcoin network, and also serves as aDespite the volatility of the asset's price recently, the hashrateBitcoin has been showing steady growth in recent months. 

Recall that Bitcoin also started 2020 with a record - the hash rate of the cryptocurrency network at that timewas 119EH/s.

Many experts see growing speeda hash is a signal for an upcoming price hike. Some explain the unprecedented growth of the approaching halving and the desire of miners to get more coins before reducing the reward.

Based on materialscointelegraph.com