Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss.

Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25.
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*Bitcoin’s total hashrate over the seven-day simple moving average according to Luxor’s hashrateindex.com on Sept. 4, 2024.*