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Bitcoin Hash Rate Surges to New All-Time High of 148 EH/s

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Thu, 7/01/2021 - 11:28
 Bitcoin Hash Rate Surges to New All-Time High of 148 EH/s
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The Bitcoin hash rate, the overall amount of computational power used on the Bitcoin network, has surged to a new all-time high of 148.727 EH/s, as per data supplied by Blockchain.com.

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Image via Blockchain.com

The previous record hash rate was recorded on Jan. 1, totaling 142.735 EH/s.

On that day, Bitcoin was trading at the $29,365 level and, the following weekend, it surpassed $30,000 and then $33,000.

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Grayscale Gains $1.9 Billion in Crypto in One Day, While Bitcoin Market Cap Hits Record $700 Billion

Miners press on with their efforts as Bitcoin keeps climbing to new consecutive all-time highsnow trading at $37,183, as per CoinMarketCap.

Bitcoin's processing power has grown, making the biggest cryptocurrency more resilient to a 51 percent attack.

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