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Author: Admin | 2025-04-28
As BTC hovers near its new all-time highs, the Bitcoin network hashrate has also seen record-breaking figures. The network’s 7-day simple moving average hashrate recorded an all time high of 805 EH/s on December 15th. The Bitcoin network hashprice also made new highs of $64.53/PH...As BTC hovers near its new all-time highs, the Bitcoin network hashrate has also seen record-breaking figures. The network’s 7-day simple moving average hashrate recorded an all-time high of 805 EH/s on December 15th. The Bitcoin network hashprice also made new highs of $64.53/PHS/Day. The network’s hashrate has registered record-breaking numbers following BTC’s rising value against fiat currencies such as the US dollar and U.S. dollar-pegged stablecoins. The digital asset is trading at $107,080, according to data from CoinMarketcap. Hashrate Index shows BTC network hashrate has hit a new all-time high Both Bitcoin price and mining difficulty have hit a new all-time high today. 🚀 pic.twitter.com/RHNyyLTx0W — Dr. Jan Wüstenfeld (@JanWues) December 16, 2024 Data from Hashrate Index shows that the Bitcoin network’s seven-day simple moving average network hashrate hit an all-time high of 805 EH/s on December 15th. The current reading outperformed the previous high of 789 EH/s recorded on 22nd November. Bitcoin miners also seem to reap better revenue as the asset’s prices continue to surge. Data from Hashrate Index shows that the Bitcoin hashprice index also surged to $64.53/PHS/Day on December 16th, a figure last seen earlier this month. The increasing hash power has caused fluctuations in block times that have dropped below
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