The Bitcoin network hash rate hit a new ath Saturday; 248.11 million terahashes per second to be exact:

Bitcoin Hash Rate Balloons To Record High — Will Price Go Up As Well?

The Bitcoin network hash rate notched a new all-time high of 248.11 million terahashes per second (TH/s) on Saturday.

It has risen from 188.40 EH/s to its new all-time high in just one day, according to Blockchain.com data. In the previous few hours, it has hovered around 209.6M TH/s.

Security is a critical component of every network. Increased security makes a network more resilient and makes it more difficult to attack.

This is when the hash rate is relevant. It refers to the total amount of processing power available to a network via crypto mining, such as the Bitcoin network.

Full article here: https://bitcoinist.com/bitcoin-hash-rate-balloons-to-record-high/