Bitcoin Hits New High in Hashrate!
$BTC
On October 10, 2024, the Bitcoin network reached a record hashrate of 698 exahashes per second (EH/s), the highest it’s ever been! This achievement comes even as Bitcoin's price and mining earnings have dipped, and the difficulty of mining increased by 4.09%.
Despite these challenges, Bitcoin miners have shown incredible strength, raising the hashrate from 625 EH/s at the end of September to nearly 699 EH/s in just ten days. This growth shows that miners believe in Bitcoin’s future and are continuing to invest in better and more efficient equipment. Overall, this milestone highlights the resilience and confidence of the Bitcoin mining community!
