Significant Increase in Bitcoin Miners' Hash Rate Approaching Historical Peak
Publication Time:2024-08-02 22:51:07
According to reports by Golden Finance, data from the CryptoQuant platform reveals that the hash rate of Bitcoin miners is on the rise, currently reaching a height of 604 EH/s, marking a 6% improvement compared to the level on July 9th. This significant growth indicates that miners engaged in Bitcoin mining are exhibiting more active participation. It's worth noting that the current hash rate is less than 2% away from the historical high point, indicating market vitality and potential. As a key indicator measuring the computational power of the Bitcoin network, the growth of hash rate signifies an enhancement in network security and the speed of transaction verification. For investors and miners, this data suggests the health status of the Bitcoin network and its possibilities for future development. With miner hash rates approaching their historical peak, the acceptance and application scope of blockchain technology in the market may further expand, driving the development of Bitcoin and other cryptographic assets.
Bitcoin
Increase
historical peak
Miner Hash Rate