Bitcoin Hash Rate Surge Signals Growing Miner Competition

Bitcoin’s hash rate has surged to an all-time high, reaching an astounding 667,144,834 terahashes per second (TH/s) on July 26, 2024. This unequaled rise not only signifies enhanced network security but also highlights the maturing competition among Bitcoin miners. Simultaneously, Bitcoin’s price has rebounded to $67,920, demonstrating a resilient market despite recent turbulence. The hash The post Bitcoin Hash Rate Surge Signals Growing Miner Competition appeared first on Coin Edition .

Source: Coin Edition