Bitcoin Hash rate Hits Record High, Surpasses Pre-Halving Levels

#Bitcoinarena

Bitcoin’s hash rate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hash rate reached a record 657 exa hash per second (EH/s) this week.

Bitcoin hashrate via the seven-day SMA on May 28, 2024.$BTC