Bitcoin Hashrate Hits ATH Despite Decreased Mining Reward
Bitcoin’s hashrate has set a new historical record at 129 TH/s, according to Blockchain.com.
The previous record was set on July 29, 2020, with 126.941 TH/s.
The amount of computing power has grown up by almost 45% just two and a half months after the May halving, which reduced mining reward from 12.5 BTC to 6.25 BTC per block. blockchain.com
The next halving is scheduled to happen approximately on May 9, 2024, at 03:53:03 UTC.
The rise of mining activity comes after a Nasdaq-listed cryptocurren…
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