Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second

1 year ago

Bitcoin's Total Network Hashrate Hits an All-Time High astatine  321 Exahash per Second

According to statistic connected October 5, the full computational powerfulness backing the Bitcoin web tapped a caller all-time precocious reaching 321.15 exahash per 2nd (EH/s). Just aft the grounds high, the network’s full hashrate was coasting on supra the 300 EH/s connected Wednesday day (ET) astatine astir 303.87 (EH/s).

Bitcoin’s Hashrate Reaches a Lifetime High successful Terms of Hashes per Second

On Wednesday, astatine artifact tallness 757,214, statistics from coinwarz.com shows Bitcoin’s full hashrate reached an all-time precocious (ATH). BTC’s web hashpower information indicates that the past hashrate ATH was recorded connected September 11, 2022, astatine artifact tallness 753,647, erstwhile it reached astir 301.87 EH/s.

Bitcoin's Total Network Hashrate Hits an All-Time High astatine  321 Exahash per SecondBitcoin’s full web hashrate reached an all-time precocious connected October 5, 2022, astatine artifact tallness 757,214.

Before the leap implicit 300 exahash, the network’s hashrate reached a anterior ATH connected June 8, 2022, astatine artifact tallness 739,928 reaching 292.02 EH/s. The astir caller full computational powerfulness ATHs are taking spot amid the crypto winter, arsenic BTC prices are 70% below the crypto asset’s beingness terms precocious connected November 10, 2021 ($69K).

Furthermore, the hashrate summation has taken spot astatine a clip erstwhile BTC’s mining trouble besides tapped an all-time precocious successful caller times. At artifact tallness 753,984, the trouble accrued from 30.97 trillion hashes to 32.05 trillion hashes.

While it is little contiguous astatine 31.36 trillion hashes, it’s expected to spot a 7.10% summation during the adjacent adjustment. If that accommodation estimation comes to fruition, the trouble could scope 33.59 trillion hashes connected October 10, 2022.

The 321.15 exahash per 2nd all-time precocious is adjacent to 0.32115 zetahash per 2nd (ZH/s). While an exahash is simply a quintillion, a azygous zetahash is an unfathomable 1,000,000,000,000,000,000,000 (one sextillion) hashes per second.

By 2:20 p.m. (ET), the full hashrate dropped beneath 300 exahash and it’s presently coasting on astatine 287.98 EH/s.

What bash you deliberation astir Bitcoin’s hashrate hitting an all-time precocious astatine 321 exahash per second? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 6,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, coinwarz.com

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.

View source