What is happening to Bitcoin ?

#BitcoinHashRateSurge

BTC breaks through 102,000, now at $102,000.26, up 3.98% in 24 hours, the market fluctuates a lot,

Bitcoin's hashrate has steadily increased over the years, especially after major dips or halvings, and it has recently surged as the next block reward halving in 2024 draws nearer. Historically, these increases in network security have coincided with price rallies.

What is the highest Bitcoin hashrate surge ?

Bitcoin hashrate taps all-time high of 1,000 EH/s. Bitcoin's hashrate, reached a new all-time high of more than 1,000 EH/s (exahashes per second) on January 2,

What to do now ?

According to Experts of crypto traders about their Analysis Whenever BTC breaks the barriers of bearish zone, it will return to bullish zone soon, it takes 2 to 3 weeks for this .

after 2 weeks Bitcoin might settle between 90k to 98k

Don't go buy when Bitcoin’s swings up and down

How much hashrate to mine 1 BTC ?

As of Monday, January 06, 2025, it would take 4,477.8 days to mine 1 Bitcoin at the current Bitcoin difficulty level along with the mining hashrate and block reward; a Bitcoin mining hashrate of 390.00 TH/s consuming 7,215.00 watts of power at $0.05 per kWh, and a block reward of 3.125btc