• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • bitcoinBitcoin(BTC)$20,262.00-2.57%
    BITCOIN
    24H : -2.57%
    Volume : $18,206,560,403.00
    Marketcap : $386,800,228,032.00
  • ethereumEthereum(ETH)$1,143.81-4.42%
    ETHEREUM
    24H : -4.42%
    Volume : $13,129,073,134.00
    Marketcap : $138,825,218,197.00
  • binancecoinBNB(BNB)$226.53-3.35%
    BNB
    24H : -3.35%
    Volume : $1,044,223,736.00
    Marketcap : $37,091,456,282.00
  • rippleXRP(XRP)$0.339-4.20%
    XRP
    24H : -4.20%
    Volume : $1,017,439,127.00
    Marketcap : $16,376,316,809.00
  • cardanoCardano(ADA)$0.469-3.65%
    CARDANO
    24H : -3.65%
    Volume : $680,920,392.00
    Marketcap : $15,871,333,591.00
  • solanaSolana(SOL)$35.21-8.85%
    SOLANA
    24H : -8.85%
    Volume : $1,292,222,758.00
    Marketcap : $12,075,211,521.00
  • dogecoinDogecoin(DOGE)$0.066-9.02%
    DOGECOIN
    24H : -9.02%
    Volume : $471,626,138.00
    Marketcap : $8,739,991,305.00
  • polkadotPolkadot(DOT)$7.29-6.00%
    POLKADOT
    24H : -6.00%
    Volume : $402,209,915.00
    Marketcap : $8,210,585,145.00
  • shiba-inuShiba Inu(SHIB)$0.00001000-9.95%
    SHIBA INU
    24H : -9.95%
    Volume : $474,299,873.00
    Marketcap : $5,876,487,061.00
  • avalanche-2Avalanche(AVAX)$18.22-6.07%
    AVALANCHE
    24H : -6.07%
    Volume : $482,911,212.00
    Marketcap : $5,139,140,348.00
  • terra-lunaTerra(LUNA)$0.000071-5.71%
    TERRA
    24H : -5.71%
    Volume : $134,734,814.00
    Marketcap : $768,841,921.00
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

Bitcoin hash rate nears record 200EH/s as 100K BTC turns ‘illiquid’ every month


December 23, 2021 · By JP
Bitcoin (BTC)

Hash rate has never looked better, and appetite for accumulating has only grown since China’s May mining crackdown.

Bitcoin (BTC) is about to hit a new all-time high in one essential area — and major mining pools have likely already clinched the title.

Data from monitoring resource MiningPoolStats shows that, as of Dec. 20, the Bitcoin network hash rate is practically at its highest ever.

Hash rate vanquishes specter of China

Despite the price comedown from $69,000, hash rate is steaming higher, and the chunk of computing power from known pools is now at a historic peak.

Hash rate refers to the computing power dedicated to mining, and while impossible to measure exactly, estimates agree that Bitcoin is more enticing for miners — and therefore more secure — than ever before.

The known pool hash rate sat at 182.4 exahashes per second (EH/s) this week, with the total hash rate at 188.9 EH/s.

According to MiningPoolStats, only once before has the latter been higher, reaching 209.3 EH/s in early May, just before the China miner rout. Known pools, on the other hand, have never been so busy.

As such, the hash rate is not only fully recovered from the Chinese crackdown, but is now stronger than at any time in Bitcoin’s history.

Read full story at CoinTelegraph

Primary Sidebar

LATEST NEWS

SEC Chair Gary Gensler says Bitcoin is the only cryptocurrency he recognizes as a commodity

June 27, 2022

Anonymous hacker group threatens to expose Terra LUNA founder Do Kwon’s crimes

June 27, 2022

Ethereum whales have intensified their accumulation of MATIC in the past week

June 26, 2022

Cardano launches EVM sidechain application for developers to facilitate network interoperability

June 25, 2022

Charles Hoskinson proposed software-enabled crypto self-regulation to the US Congress committee

June 24, 2022

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • Cardano has updated its proposal to hard fork the network testnet in anticipation for the Vasil’s mainnet upgrade June 28, 2022
  • SEC Chair Gary Gensler says Bitcoin is the only cryptocurrency he recognizes as a commodity June 27, 2022
  • Anonymous hacker group threatens to expose Terra LUNA founder Do Kwon’s crimes June 27, 2022

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Cosmos (ATOM) COTI (COTI) Decentraland (MANA) DeFi Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2022 · Today in Crypto · Terms & Privacy · Log in