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Bitcoin Hash Rate Reaches New ATH Amid Crypto Winter
Bitcoin mining hash rate surged to a new all-time high of 240.08 million th/s amid in spite of the ongoing crypto downturn.
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SOL$70.37+8.55%
TRX$0.3195-1.11%
FIGR_HELOC$1.03+0.59%
HYPE$63.84+6.54%
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XLM$0.1747-0.99%
BTC$59,815.00+0.91%
ETH$1,558.83-0.24%
USDT$0.9985+0.02%
USDC$0.99970.00%
XRP$1.04+1.36%
SOL$70.37+8.55%
TRX$0.3195-1.11%
FIGR_HELOC$1.03+0.59%
HYPE$63.84+6.54%
DOGE$0.0743+1.66%
RAIN$0.0157-0.39%
USDS$0.99950.00%
LEO$9.28-0.56%
ZEC$406.04+2.85%
XLM$0.1747-0.99%
Bitcoin mining difficulty surged 0.5% Monday, reaching a new all-time high of 36.95 trillion.
Bitcoin mining hash rate surged to a new all-time high of 240.08 million th/s amid in spite of the ongoing crypto downturn.
Lower energy costs see US Bitcoin miners return fully to the space following the drop in electricity prices from the summer highs.
Bitcoin’s declining hashrate leads to the most significant mining difficulty fall since July 2021 as BTC price rallies.
Bitcoin miners in Kazakhstan face further power supply cuts until the end of January as the country’s electricity grid struggles to cope with increased demand.
The US is now in the lead for hashrates, followed by Kazakhstan, Russia, Canada, and Malaysia.