Bitcoin hash rate surges and shows progress. Bitcoin’s price and hash rate directly affect mining activities. According to a report, there has been a gradual rise in Bitcoin’s hash rate over the past few weeks. Reports suggest that the hash rate of Bitcoin is sitting roughly at 48,003,251. The number reached 58k on May 2. There has been an increase of almost 40% and it is roughly 6% away from its all-time high. Hash rate is “the estimated number of terra hashes per second (trillion of hashes per second) the bitcoin network is performing.” Bitcoin hash rate was peaked at 60,089,527 on September 24, 2018, declining to 31,998,005 on December 2 of the same year. There’s a direct correlation between Bitcoin’s price and its hash rate which also affects the mining interests. Counterparty Foundation’s Chris Derose explained hash rate could determine the health of the network. He further said: “It shows where the enthusiasm is on the network on people investing in getting in, at least at some level.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next China increases gold holdings for 5th straight month – Xinhua News Agency FX Street 3 years Bitcoin hash rate surges and shows progress. Bitcoin's price and hash rate directly affect mining activities. According to a report, there has been a gradual rise in Bitcoin's hash rate over the past few weeks. Reports suggest that the hash rate of Bitcoin is sitting roughly at 48,003,251. The number reached 58k on May 2. There has been an increase of almost 40% and it is roughly 6% away from its all-time high. Hash rate is "the estimated number of terra hashes per second (trillion of hashes per second) the bitcoin network is performing." Bitcoin hash rate was… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
