Bitcoin hash rate hits ATH after 34% YOY growth
Only 5 negative days in 2023 for Bitcoin hash rate
Definition
This metric presents the percent change of the Bitcoin hash rate adjustment.
Quick Take
- Over a 7DMA, Bitcoin hash rate hit 300 TH/s and continues to put in new highs.
- During 2023, the hash rate has only had five single downward adjustments to show the consistency of the network and its current strength.
- The hash rate has grown by 34% YOY and 50% over the past two years.
- The China ban during the summer of 2021 was the biggest single event that affected the hash rate, which saw a drop of 35%.
Latest Report
On-chain data shows Bitcoin is emerging from the depths of despair
CryptoSlate’s latest market report dives deep into Bitcoin on-chain data suggesting that the bear market might be coming to an end.
Andjela Radmilac · 3 days ago
About Post Author
