While bitcoin’s rate went through another high correction in the previous 24 hours, the network’s toughness only increases. The BTC hash rate just recently tapped a new all-time high, while the mining trouble went through a 9% favorable adjustment, leading to a peak of its own.
Hash Rate and Mining Difficulty See ATHs
Ever since the summer of 2021, when the Chinese authorities ousted bitcoin miners and the hash rate discarded by 60% in weeks, the metric has been gradually recuperating the lost ground. This led to nearing and eventually surpassing the previous peak, as CryptoPotato reported earlier in January this year.
The hash rate, the essential metric showcasing the robustness of BTC’s network, continues to frequently sign up new ATHs, with the most recent being at over 210 Ehash/s, according to BitInfoCharts.