BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016
BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016 During the last week, the Bitcoin network’s hashrate has jumped to a record high of 185 exahash per second on March 14, 2021. The hashpower has relentlessly continued to rise, climbing a whopping 18,400% in five years since January 21, 2016. Bitcoin Price Jumps Over 1,500% in a Year, Hashrate Climbs 18,400% in Five Years The price of bitcoin ( BTC ) touched an all-time high (ATH) reaching $61,782 per BTC on March 13, 2021. It happened pretty much one year after the crypto asset’s most recent market bottom on March 12, 2020. The price had risen over 1,500% since that day, otherwise known as ‘Black Thursday,’ which saw BTC prices slide to $3,850 per unit. BTC prices are down over 6% since the recent ATH and the value of the leading crypto asset has driven mining profitability. A touch after BTC hit the ATH in value, BTC miners ramped up...
