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Hashrate Reaches New Highs Before Halving

April 10, 2024
in Mining
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BTC | Freepik

BTC | Freepik

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Hashrate metric of Bitcoin, which indicates the amount of computational power provided by mining activities, has grown significantly, exceeding the threshold of 700 EH/s shortly before the fourth halving.

So far, despite some small adjustment shocks from miners, who reduce their hash rate waiting for the halving of the cryptographic protocol, the 7-day average hashrate is approaching new all-time highs.

Source: CryptoNow
Tags: BTCHalving

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