RE: Bitcoin Hashrate At All Time High …

” The Bitcoin hashrate recently hit new all-time highs (ATHs) over 119 Exa hashes per second (EH/s). This is equivalent to 1230 zettaFLOPS per second …

…┬áThe numbers are really remarkable, considering past activity. The current hashrate is more than eight times greater than the rate in 2017 when Bitcoin famously reached $20K.

Additionally, the number is 120 times greater than the hash rate before the strong bull run of 2017. Bitcoin first hit one Exa hash per second in late December of 2016.

These numbers indicate that the activity on the Bitcoin network has exploded in recent years. Increased adoption, and the potential for profits from mining blocks, has likely driven miners onto the network. ”

https://beincrypto.com/bitcoin-hashrate-ath-but-prices-may-be-unaffected/

Cryptonaut Master Asked on January 6, 2020 in Bitcoin.
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1 Answers

Bitcoin looking great, people look too much at the price and neglect to look at the strength of the network.

Master Answered on January 6, 2020.
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