Bitcoin’s Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH – Mining Bitcoin News

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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 larger, 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 continues 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.

0.2 Zettahash: Bitcoin's Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH
Bitcoin’s hashrate tapped an all-time excessive on January 1, 2022. 200 exahash per second (EH/s) or 200,000 petahash per second (PH/s) equates to 0.2 zettahash per second (ZH/s).

Bitcoin.com News lately 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 excessive tapping 1 petahash per second (PH/s).

0.2 Zettahash: Bitcoin's Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH
On the third day of 2021, BTC’s hashrate was round 141.55 EH/s.

On December 22, 2021, the Ethereum community reached 1.0122 PH/s and at this time’s metrics present ETH’s hashrate continues 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 at this time’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 towards BTC miners brought on the hashrate to plummet to 69.11 EH/s. The community’s hashrate has grown ​​202.98% since that day as an ideal majority of mining operations relocated to different international locations. At the time of writing, the most important 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 world hashrate is Antpool with 16.91% of the hashrate or 30.25 EH/s.

There’s solely 11 identified mining swimming pools mining BTC at this time 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 past two epochs. On December 11, the problem jumped 8.33% and on the twenty fifth of December, it elevated by 0.32%. Bitcoin’s subsequent mining problem change will deliver it awfully near the problem’s all-time excessive at 25 trillion. In simply over 5 days, the problem is predicted to extend by 2.90% to 24.98 trillion.

Tags on this story

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What do you consider Bitcoin’s world hashrate rising 47% over the past 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.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com News in regards to the disruptive protocols rising at this time.

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