{"id":138540,"date":"2023-09-02T03:36:24","date_gmt":"2023-09-01T22:06:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=138540"},"modified":"2023-09-02T03:36:24","modified_gmt":"2023-09-01T22:06:24","slug":"why-bitcoin-hash-rate-just-hit-an-all-time-high-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/why-bitcoin-hash-rate-just-hit-an-all-time-high-crypto-news\/","title":{"rendered":"Why Bitcoin hash rate just hit an all-time high – Crypto News"},"content":{"rendered":"

<\/p>\n

Quick Take<\/h2>\n

Bitcoin\u2019s hash rate, a vital determinant of the network\u2019s security and processing capability, has reached a milestone, surpassing 400 trillion hashes per second (Th\/s) for the first time.<\/p>\n

This record achievement represents the culmination of a trend of surging hash rates, indicative of an end to miner capitulation. In this period, less-efficient miners exit the market due to unprofitability.<\/p>\n

Hash Rate: (Source: Glassnode)<\/figcaption><\/figure>\n

Even more promising is the steady increase in miner balance. This behavior suggests that miners are holding onto their Bitcoin, storing it in treasury balances rather than liquidating it on exchanges to cover operational costs.<\/p>\n

Such decisions usually reflect a positive long-term perspective on Bitcoin\u2019s value, potentially signaling a more stable market environment.<\/p>\n

\"Miner
Miner Balance: (Source: Glassnode)<\/figcaption><\/figure>\n

The post Why Bitcoin hash rate just hit an all-time high<\/a> appeared first on CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Quick Take Bitcoin\u2019s hash rate, a vital determinant of the network\u2019s security and processing capability, has reached a milestone, surpassing 400 trillion hashes per second (Th\/s) for the first time. This record achievement represents the culmination of a trend of surging hash rates, indicative of an end to miner capitulation. In this period, less-efficient miners […]<\/p>\n","protected":false},"author":2,"featured_media":138541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-138540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=138540"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138540\/revisions"}],"predecessor-version":[{"id":138542,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/138540\/revisions\/138542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/138541"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=138540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=138540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=138540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}