Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

As bitcoin dipped beneath $55K this week, thing rather absorbing happened down the scenes. On Sept. 7, 2024, the network’s computational powerfulness deed a caller beingness high. The seven-day elemental moving mean (SMA) for Bitcoin’s full hashrate climbed to 679 exahash per 2nd (EH/s) connected Saturday, a flimsy bump of 2 EH/s implicit the erstwhile […]