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Bitcoin Hash Rate Taps All-Time High Ahead of Next Year’s Halving
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Bitcoin’s (BTC) hash rate is at an all-time high a few months away from the next halving with bulls anticipating another run to wipe out the losses of the bear market.
According to data from blockchain.com, the Bitcoin hash rate hit 491 exahashes per second (TH/s) on Nov 22 increasing the amount of mining computations made by high-end computers.
An increase in hashrate points to the fact that miners now utilize more efficient equipment to make the most of their operations because there’s a sharp increase in mining activity.
New all time high #hashrate #bitcoin
Read more on cryptonews.comAbout this in other media
Bitcoin crosses $34,000 to its highest value since May 2022 euronews.com /11 months ago
BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week cointelegraph.com /11 months ago
100,000 South Koreans Will Start Using CBDC Next Year cryptonews.com /11 months ago
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