#BitcoinHashRateSurge

Relationship Between Bitcoin Price And Hashrate

The hashrate measures the total computing power securing a Proof-of-Work blockchain network like Bitcoin. It reflects network participation and mining difficulty. A higher hashrate implies increased network security due to more computational resources dedicated to mining activities.

On Friday, the Bitcoin hashrate peaked at over 1,000 exahashes per second (EH/s), a new milestone. Subsequently, it has settled around 783.02 EH/s, according to the latest data available.

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