Bitcoin Hash Rate Follows Bitcoin and Gains Over 40% Within the Past Two Weeks
Along with the Bitcoin price, Bitcoin's Hash-Rate is showing high volatility. After reaching a peak of 62 Exahash (10^18) per second on Sep. 25, we observed two months of drastic decline down to 32 Exahash on Dec. 7. This decline has halted in the last two weeks and has stabilized around 35 Exahash, and in the last few days, we are even starting to see the hash-rate go up to 40-45 (40.6% increase). We could probably correlate this to the recent rally of the entire crypto market we have observed in the last week. Simply put, crypto mining is a process of performing complex mathematical calculations. By doing this, miners are searching for a specific number that will solve a block and provide them with a reward in the form of Bitcoin itself. At the moment, the BTC blockchain rewards miners with 12.5 BTC Block Reward per each block solved. This posting was obtained by us on December 27, 2018 2:52 PM. Share this content on social media: Have a look at cryptopotato.com for more from this source. Leave a Comment
Bitcoin Hash Rate Jumps 10 Million TH/s in Single Day
Cryptocurrency News & Your Guide to the Blockchain Economy Despite recently wavering bitcoin prices, the network hash rate for bitcoin mining saw a sudden, massive jump in the last two days. This increase brings it up to an incredible 62 million terahashes per second. Just two days prior, the network saw a hash rate of just over 45 million terahashes. This suggests that even though bitcoin prices have yet to recover, there is still definitely a lot of interest in mining the digital asset. To get some context on how significant this hash rate increase is, we need to look back at the recent hash rate trends. This article was retrieved by us on December 22, 2018 11:48 AM. Share this content on social media: Have a look at blockonomi.com for more. Leave a Comment
Bitcoin Hashrate Hits New Record With 35% Gain in Last Two Days - Bitcoinist.com
Reading: Bitcoin Hashrate Hits New Record With 35% Gain in Last Two Days Allen Scott · @bitcoinister | Aug 28, 2018 | 18:00 Allen Scott · @bitcoinister | Aug 28, 2018 | 18:00 What bear market The bitcoin hashrate has broken another record high this week as the world's most popular cryptocurrency network gets stronger with each day. The Bitcoin hashrate, or the computing power of the Bitcoin network, has broken yet another all-time high of 62 quintillion hashes per second. This marks a 40 percent gain in the month of August with a whopping 35 percent gain over the past two days alone. The new record comes just weeks after Bitcoinist reported breaking the 50 quintillion mark, which broke the previous 43 quintillion mark set in June. This share was first seen by us on August 28, 2018 9:00 PM. Share this content on social media: See bitcoinist.com for more from this source. Leave a Comment
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