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cryptonews
2022-10-05 17:00:00

Bitcoin Hashrate Hits a New All-Time High – What Does This Mean for BTC Price?

Bitcoin Hashrate Hits a New All-Time High – What Does This Mean for BTC Price?

The total hashrate on the Bitcoin (BTC) network reached a fresh all-time high on Tuesday, despite consistently low bitcoin prices. The increase could be a sign that miners are now more optimistic about the bitcoin price. According to data from Blockchain.com, the total hashrate this week reached 241.88 Ehash/s, up significantly from this year’s low from early January of 168.2 Ehash/s....Read More: Bitcoin Hashrate Hits a New All-Time High – What Does This Mean for BTC Price?

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