Bitcoin hash rate hits record high

The Bitcoin network’s hash rate has for the first time in history reached 170 EH/s on the hourly chart of the 24-hour moving average, according to Glassnode analysts.

#Bitcoin hash rate hits a new ATH and touches 170 exahash for the first time in history on the hourly chart (24h MA).

That is an increase of around 40% since the halving in May, substantially adding to the security of the network.

Live chart: https://t.co/lpSkIAtfFm pic.twitter.com/Wl1MUODHdZ

— glassnode (@glassnode) October 8, 2020

The rise since the May halving stands at around 40%, underscoring a meaningful improvement in network security.

According to BitinfoCharts, the average daily hash rate is 150.2 EH/s. In the last 24 hours the figure has risen by 17.9%.

Source: BitinfoCharts.

According to Blockchain.com, the hash rate stands at 134.4 EH/s.

Source: Blockchain.com.

Earlier, after the latest recalibration, mining difficulty remained at its previous record level, dipping 0.09% from 19.31 TH to 19.30 TH.

Subscribe to Forklog’s channel on YouTube!