0.2 Zettahash: Bitcoin’s Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH

Bitcoin’s hashrate tapped a lifetime excessive on the primary day of 2022 reaching 209.39 exahash per second (EH/s). During the final 12 months, Bitcoin’s hashrate has elevated by 47.92% from the 141.55 EH/s recorded on January 3, 2021.

Bitcoin’s Hashpower Reaches a New Milestone

The processing energy and safety devoted to the Bitcoin (BTC) community has by no means been increased, and the community tapped a milestone in 2022. According to the one-year hashrate chart hosted on coinwarz.com, BTC’s hashrate tapped a excessive of 209.39 EH/s on January 1, 2022. At the time of writing, the hashrate remains to be coasting alongside the 2 hundred three quintillion hashes per second (H/s) zone, and 30-day statistics point out the community briefly tapped 224.32 EH/s on Saturday.

Bitcoin.com News not too long ago reported on the BTC community reaching 194.95 EH/s not too way back on December 8, 2021. It’s additionally price noting that the Ethereum (ETH) community additionally reached an all-time high tapping 1 petahash per second (PH/s).

On December 22, 2021, the Ethereum community reached 1.0122 PH/s and today’s metrics present ETH’s hashrate remains to be above the 1 PH/s on Sunday. On January 3, 2021, Bitcoin’s hashrate was 141.55 EH/s or 47.92% decrease than as we speak’s BTC hashpower statistics.

Hashrate Climbs Over 200% Since China’s Bitcoin Mining Crackdown, Mining Difficulty Nears All-Time High

Moreover, on June 28, 2021, China’s crackdown in opposition to BTC miners precipitated the hashrate to plummet to 69.11 EH/s. The community’s hashrate has grown ​​202.98% since that day as an excellent majority of mining operations relocated to different international locations. At the time of writing, the biggest bitcoin mining pool is Foundry USA with 19.45% of the worldwide hashpower or 34.79 EH/s. The second-largest mining pool by way of international hashrate is Antpool with 16.91% of the hashrate or 30.25 EH/s.

There’s solely 11 recognized mining swimming pools mining BTC as we speak and three.81% of the worldwide hashrate stems from unknown hash or stealth miners. BTC miners have confronted two bitcoin mining problem will increase over the last two epochs. On December 11, the issue jumped 8.33% and on the twenty fifth of December, it elevated by 0.32%. Bitcoin’s subsequent mining problem change will convey it awfully near the issue’s all-time excessive at 25 trillion. In simply over 5 days, the issue is predicted to extend by 2.90% to 24.98 trillion.

What do you consider Bitcoin’s international hashrate rising 47% over the last 12 months and tapping an all-time hashrate excessive on January 1, 2022? Let us know what you consider this topic within the feedback part under.