Bitcoin’s hash rate broke the record, increasing by 45 percent compared to the rate recorded on the first day of last year. Along with this, the difficulty level and total revenue also saw an increase.
As those of you who are familiar with the crypto money industry will know, the speed of the machine working to produce a new Bitcoin ‘hash rate’ or in other words ‘mixed ratio’ is called. In order to produce new blocks, the hash rate representing the total processing power per second and the high instantaneous processing power make that blockchain more resistant to many various attacks. trustworthy means it is.
Here is the hash rate of Bitcoin that we are talking about, at the end of last week, it was all time. highest saw the level. Following this, the level of difficulty and the total amount of revenue, showing how much effort miners had to spend to produce Bitcoin, also increased to a record level.
Hash rate is 45 percent higher than on the first day of last year
The hash rate of Bitcoin, the first block of which was mined on January 3, 2009, after the start of the new year 207.53 EH/s He broke the record by seeing his level. Compared to the hash rate recorded as approximately 140 EH/s on the first day of 2021, this means an increase of more than 45 percent.
Hash rate reaching 190 EH/s in April 2021; In June 2021, as a result of the ban and sanctions imposed by China on cryptocurrency miners. 57 EH/s saw its level and experienced a great decline. As a result of this pressure exerted by China on the crypto money industry, many crypto miners in the country immigrated to countries such as the USA and Kazakhstan. On the first day of the new year, the hash rate rises above 200 EH/s, after the decline in June 2021. three and a half timesIt shows a recovery.
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Of course, the recovery of the hash rate means that it becomes increasingly difficult to produce new Bitcoins. After the last update 24.2 trillionu exceeding difficulty level; It is approaching the record 25 trillion dollars achieved in May 2021. This increase in difficulty is followed by an increase in the total amount of income obtained. According to the data published by The Block, the total revenue generated by Bitcoin miners during the year 2021 increased by approximately 250 percent compared to the previous year. $16 billionmore than
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