Bitcoin hashrate hits record high

According to data from Bitinfocharts, Bitcoin is now more secure than ever after the network hash hit a new high of 203.5 exaHash (EH / s) on January 2, according to data from Bitinfocharts.

The hash value refers to the total amount of energy used for mining and trading applications, and the higher the hash value, the higher the network security, as the ECU also needs to increase attacks.

Over the past 12 months, Bitcoin consolidation has grown 49% from 136.5 EH / s on January 2, 2021. Compared to July of last year, the increase is even larger. In the mining industry, Chinese power fell to 68EH / s.

Since then, the network has continued to rebound and many Bitcoin mining giants have moved to other countries, including the United States and Kazakhstan.

At the same time, the challenges of Bitcoin mining, which represent the difficulty of new coin mining, are expected to rise another 2.57% later this week.