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bitcoin
Bitcoin (BTC) $ 23,370.26
ethereum
Ethereum (ETH) $ 1,666.35
tether
Tether (USDT) $ 0.998704
bnb
BNB (BNB) $ 332.04
usd-coin
USD Coin (USDC) $ 0.9988
xrp
XRP (XRP) $ 0.410594
binance-usd
Binance USD (BUSD) $ 0.999706
dogecoin
Dogecoin (DOGE) $ 0.095485
cardano
Cardano (ADA) $ 0.399412
solana
Solana (SOL) $ 24.41
matic-network
Polygon (MATIC) $ 1.24
polkadot
Polkadot (DOT) $ 6.86
tron
TRON (TRX) $ 0.064457
Sunday, February 5, 2023
HomeCoinsBitcoinBitcoin hash charge surges 17% to the touch ATH earlier than falling...

Bitcoin hash charge surges 17% to the touch ATH earlier than falling again

Bitcoin’s (BTC) hash charge surged 17% to an all-time excessive of 361.28EH/s on Jan. 6 from round 233 EH/s recorded on the identical day — the second greatest one-day enhance previously yr.

It has since retraced to 269.56 EH/s, as of press time.

Bitcoin hash rate
Supply: Glassnode

Over the previous week, knowledge reveals that Foundry USA contributed 29.08% of the full hashrate, adopted by Antpool’s 20.38% and F2Pool with 16.12%.

MacroMicro additionally steered that the typical price of mining BTC was higher than the asset’s spot value. In keeping with the info, BTC’s common mining price as of Jan. 7 was $19,230.

Since BTC’s hash charge Christmas decline, the community has added fiftieth/s. Through the festive interval, the hash charge plunged by round 40% amid poor climate situations that pressured main miners to close operations.

In the meantime, BTC’s hash charge uptick is anticipated to result in a 7% to 10% enhance in mining problem.

BTC’s mining problem is at present at 34.09T. The estimated enhance will see the mining problem rise to between 36.6T and 37.7T, in accordance with bitrawr.

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