Bitcoin Hashrate Hits Record High As Price Drops Below $55K.
As Bitcoin fell below $55k this week, something interesting happened behind the scenes. On September 7, 2024, the network's computing power hit a new milestone. The seven-day simple average (SMA) of Bitcoin's total hashrate rose to 679 exahash per second (EH/s) on Saturday, a slight increase of 2 EH/s from last time. […]
