Today news
About the same in other media
Bitcoin network turns 13, celebrates with new hash rate all-time high
Reading now: 561
Today marks the 13th year since Bitcoin (BTC) creator Satoshi Nakamoto mined the genesis block or block 0 of the Bitcoin network, and for the first time mined a reward of 50 BTC back on Mon, 2009. Fast-forward to 2022, the BTC network shows no signs of slowing down by reaching a new all-time high hash rate of 207.53 million tera hashes per second (TH/s).
The Bitcoin hash rate, which correlates to the strength of the network based on the number of active miners, saw a temporary downfall after China banned citizens and businesses from pursuing crypto mining and trading activities. As a direct result of China’s blanket ban on crypto a sudden shortage of miners, the Bitcoin hash rate fell to 58.46 million TH/s.
As evidenced by the above graph,
Read more on cointelegraph.comAbout this in other media
EU securities regulator calls for proof-of-work crypto mining ban cointelegraph.com /2 years ago
Kazakhstan's bitcoin 'paradise' may be losing its lustre economictimes.indiatimes.com /2 years ago
Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation mode cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
