The hashrate of Bitcoin, which measures the total computational power of the network, has reached a milestone by surpassing 1,000 exahashes per second for the first time. This marks a significant increase from the previous year when the hashrate was at 173 EH/s. Despite a drop in hashrate following the Bitcoin halving in April, it has since recovered and reached a high of 844 EH/s. The surging hashrate indicates increased security and resilience for the Bitcoin network. The mining difficulty, which correlates with the hashrate, recently reached a new record peak and is expected to continue increasing. Research suggests a correlation between Bitcoin's hashrate and price.



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