$TREE The Bitcoin hash rate refers to the computational power used to mine new blocks on the Bitcoin blockchain. A higher hash rate indicates greater security and more miners participating in the network.
*BTC Hash Rate Peak:*
The Bitcoin hash rate has reached new all-time highs, with the current hash rate exceeding 700 EH/s (exahashes per second). This peak hash rate demonstrates the growing security and decentralization of the Bitcoin network.
*What does it mean?*
A higher hash rate: