Bitcoin Hash Rate Soars To New All-Time High, Will Price Follow
As Bitcoin jumped to $40k in the day following Federal Reserve’s raise hike by half a point, another number on the rise is its hash rate, which hit an all-time high of 221 EH/s.
Bitcoin climbs 6% in the day and trades around $40k | Source: BTCUSD on TradingView.com
Bitcoin, Hash Rate, And Price
The Hash Rate is the Bitcoin network’s measuring unit of the computational power and speed used to carry on the mathematical operations that confirm and process transactions on the blockchain.
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