Odaily Planet Daily News According to Bitcoin Magazine, on September 3, the hash rate of the Bitcoin network reached a record high of more than 740 EH/s (now falling back to 669.69 EH/s), while the price of Bitcoin was less than $60,000. The higher hash rate reflects that miners have invested more computing resources in processing and creating new Bitcoins. Although the price of Bitcoin fell by more than 10% this week, it highlights the disconnect between short-term pricing and long-term network health.