Bitcoin (BTC) Network Hits Record Hashrate
21.10.2024 16:00 1 min. read Alexander Stefanov
This milestone highlights the increased security of the world's first large-scale blockchain network.
On October 21, Bitcoin ‘s network hashrate – which measures the total computing power used to protect the blockchain – reached a new all-time high of 769.82 exahash per second (EH/s).
According to BitInfoCharts data, Bitcoin’s hash rate has been steadily increasing since 2021. This growth is often attributed to advances in mining hardware, particularly the development of application-specific integrated circuits (ASICs) that are optimized for mining.
READ MORE:
Is it a Good Time to Short Bitcoin (BTC)?
As the hashing power of Bitcoin increases, so does the cost to mine a single BTC token.
-
1
Here’s How the Top Cryptocurrencies Are Performing as Market Volatility Fades
19.04.2025 16:39 3 min. read -
2
Institutions Surpass Satoshi Nakamoto in Bitcoin Holdings
23.04.2025 8:00 1 min. read -
3
Altcoins Face Uncertainty as Bitcoin Shows Signs of Strength
27.04.2025 10:00 2 min. read -
4
Bitcoin Breakdown Incoming? Bloomberg Analyst Predicts Downtrend Ahead
23.04.2025 20:00 2 min. read -
5
Spot Bitcoin ETFs See Best Week Since 2024 Amid Market Recovery
27.04.2025 12:00 2 min. read
Bitcoin Outpaces S&P 500, Signaling Shift in Investor Confidence
Bitcoin has reached a major benchmark in its battle against traditional financial benchmarks, with its value relative to the S&P 500 hitting a record high of 17.725 on May 8.
Bitcoin Poised for Final Parabolic Surge, Says Analyst Amid Economic Weakness
A well-regarded crypto analyst believes that Bitcoin (BTC) could experience a final, explosive rally before the current market cycle concludes.
Fed Pivot May Trigger Massive Bitcoin Rally, Warns Expert
Dan Tapiero, a seasoned macro investor and hedge fund manager, sees potential for a significant Bitcoin surge if the U.S. economy hits a downturn that pushes the Federal Reserve toward aggressive rate cuts.
Bitcoin Breaks $100,000 – Bullish Trend Returning?
Bitcoin rose steadily in April, breaking through the psychological barrier of $100,000.
-
1
Here’s How the Top Cryptocurrencies Are Performing as Market Volatility Fades
19.04.2025 16:39 3 min. read -
2
Institutions Surpass Satoshi Nakamoto in Bitcoin Holdings
23.04.2025 8:00 1 min. read -
3
Altcoins Face Uncertainty as Bitcoin Shows Signs of Strength
27.04.2025 10:00 2 min. read -
4
Bitcoin Breakdown Incoming? Bloomberg Analyst Predicts Downtrend Ahead
23.04.2025 20:00 2 min. read -
5
Spot Bitcoin ETFs See Best Week Since 2024 Amid Market Recovery
27.04.2025 12:00 2 min. read