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Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second – Mining Bitcoin News

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In accordance with statistics on October 5, the entire computational energy backing the Bitcoin community tapped a recent all-time excessive reaching 321.15 exahash per second (EH/s). Simply after the document excessive, the community’s whole hashrate was coasting alongside above the 300 EH/s on Wednesday afternoon (ET) at round 303.87 (EH/s).

Bitcoin’s Hashrate Reaches a Lifetime Excessive in Phrases of Hashes per Second

On Wednesday, at block peak 757,214, statistics from coinwarz.com reveals Bitcoin’s whole hashrate reached an all-time excessive (ATH). BTC’s community hashpower information signifies that the final hashrate ATH was recorded on September 11, 2022, at block peak 753,647, when it reached roughly 301.87 EH/s.

Bitcoin’s whole community hashrate reached an all-time excessive on October 5, 2022, at block peak 757,214.

Earlier than the bounce over 300 exahash, the community’s hashrate reached a previous ATH on June 8, 2022, at block peak 739,928 reaching 292.02 EH/s. The newest whole computational energy ATHs are going down amid the crypto winter, as BTC costs are 70% under the crypto asset’s lifetime worth excessive on November 10, 2021 ($69K).

Moreover, the hashrate enhance has taken place at a time when BTC’s mining issue additionally tapped an all-time excessive in current occasions. At block peak 753,984, the problem elevated from 30.97 trillion hashes to 32.05 trillion hashes.

Whereas it’s decrease immediately at 31.36 trillion hashes, it’s anticipated to see a 7.10% enhance throughout the subsequent adjustment. If that adjustment estimate involves fruition, the problem might attain 33.59 trillion hashes on October 10, 2022.

The 321.15 exahash per second all-time excessive is the same as 0.32115 zetahash per second (ZH/s). Whereas an exahash is a quintillion, a single zetahash is an unfathomable 1,000,000,000,000,000,000,000 (one sextillion) hashes per second.

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By 2:20 p.m. (ET), the entire hashrate dropped under 300 exahash and it’s presently coasting alongside at 287.98 EH/s.

Tags on this story
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Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information concerning the disruptive protocols rising immediately.




Picture Credit: Shutterstock, Pixabay, Wiki Commons, coinwarz.com

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