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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
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 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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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.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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