Quick Take Bitcoin’s hash rate, a significant factor determining Bitcoin mining, has reached unprecedented levels. A 7-day moving average shows the hash rate now stands at a record 512 eh/s, representing a 9% increase in just a week. Indeed, Dec. 18 witnessed the second-largest one-day spike in hash rate, recorded at 562 eh/s, surpassed only […]
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Bitcoin hash rate hits all-time high, spikes by 9%, stoking miner optimism