Bitcoin hash rate booms as BTC breaks through $24k

Posted byAdam Owen Leave a comment on Bitcoin hash rate booms as BTC breaks through $24k

Hash rate soars as Bitcoin is up 24.6% since Friday morning

Quick Take

  • Bitcoin breaks through $24,000 and has been up 24.6% since Friday morning.
  • More miners are starting to come online, and over a 14-day period, see the second biggest adjustment over a 14DMA for over a year.
  • The previous Bitcoin difficulty adjustment saw a 1% increase. However, the next difficulty adjustment is predicted to be between 5 and 15%.

Difficulty: (Source: bitrawr)

Hash Rate Adjustment: (Source: Glassnode)

Research Analyst at CryptoSlate

James is passionate about data, technology, and identifying trends. James is a freedom and technology maximalist, seeing Bitcoin as the greatest invention of the 21st century.

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Adam Owen

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