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Bitcoin Paradox: Record Hashrate Amid Falling Price and User Activity

Summary by coincodex.com
The hashrate of the Bitcoin blockchain is skyrocketing, exposing the widening gap between the network's activity and the price of BTC. According to data from Blockchain.com, the hashrate, which shows the processing power required to mine a block on the Proof-of-Work consensus-based Bitcoin network, reached an all-time high of 856 exahashes per second (EH/s) on March 29. Bitcoin hashrate graph. Source: Blockchain.com Bitcoin's difficulty – a para…
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coincodex.comcoincodex.com

Bitcoin Paradox: Record Hashrate Amid Falling Price and User Activity

The hashrate of the Bitcoin blockchain is skyrocketing, exposing the widening gap between the network's activity and the price of BTC. According to data from Blockchain.com, the hashrate, which shows the processing power required to mine a block on the Proof-of-Work consensus-based Bitcoin network, reached an all-time high of 856 exahashes per second (EH/s) on March 29. Bitcoin hashrate graph. Source: Blockchain.com Bitcoin's difficulty – a para…

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GlobalNewsItGlobalNewsIt

Bitcoin hashrate hits record 972 EH/s as US miners capture 30% of market – #CryptoUpdatesGNIT

Bitcoin’s network activity is climbing to new heights, even as its price struggles to maintain upward momentum. The blockchain’s hashrate, an indicator of the total computing power dedicated to mining, has now hit a historic milestone of 972 exahashes per second (EH/s), according to data from Cloverpool. Bitcoin Hashrate (Source: CloverPool) The surge in hashrate signals a growing commitment from miners, who continue to invest in infrastructure …

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GlobalNewsIt broke the news in on Friday, April 4, 2025.
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