Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
![Bitcoin Hashrate Hits Record High as Prices Drop Below $55K](https://cryptoinvestment.at/wp-content/uploads/2024/09/bitcoin-hashrate-hits-record-high-as-prices-drop-below-55k.jpg)
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday, a slight bump of 2 EH/s over the previous […]