{"id":158671,"date":"2023-09-19T18:19:59","date_gmt":"2023-09-19T12:49:59","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=158671"},"modified":"2023-09-19T18:19:59","modified_gmt":"2023-09-19T12:49:59","slug":"record-breaking-increase-in-bitcoin-hash-rate-boosts-network-difficulty-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/record-breaking-increase-in-bitcoin-hash-rate-boosts-network-difficulty-crypto-news\/","title":{"rendered":"Record-breaking increase in Bitcoin hash rate boosts network difficulty &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<h2>Quick Take<\/h2>\n<p>Bitcoin\u2019s network witnessed a remarkable event on Friday, as the hash rate surged to a peak of over 500 exahashes per second (eh\/s) from the previous day\u2019s figure of 400 eh\/s.<\/p>\n<p>This uncommon increase constitutes the single largest one-day augmentation in hash rate that the Bitcoin network has ever experienced. This upswing in hash rate typically observed using a 7\/14-day Simple Moving Average (SMA), resulted in a consequential increase in network difficulty by over 5%.<\/p>\n<p>This adjustment ranks as the sixth largest within the current year, signifying a robust network environment and possibly indicating increased miner participation.<\/p>\n<p>This significant surge in Bitcoin\u2019s hash rate and the subsequent increase in network difficulty underscores the dynamic and continually evolving nature of the cryptocurrency\u2019s underlying technology. It is essential to keep monitoring these metrics, as they provide valuable insights into the overall health and security of the Bitcoin network.<\/p>\n<figure style=\"width: 1800px\" class=\"wp-caption alignnone\"><figcaption class=\"wp-caption-text\">Hash Rate: (Source: Glassnode)<\/figcaption><\/figure>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/insights\/record-breaking-increase-in-bitcoins-hash-rate-boosts-network-difficulty\/\">Record-breaking increase in Bitcoin hash rate boosts network difficulty<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\">CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick Take Bitcoin\u2019s network witnessed a remarkable event on Friday, as the hash rate surged to a peak of over 500 exahashes per second (eh\/s) from the previous day\u2019s figure of 400 eh\/s. This uncommon increase constitutes the single largest one-day augmentation in hash rate that the Bitcoin network has ever experienced. This upswing in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":158672,"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-158671","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\/158671","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=158671"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/158671\/revisions"}],"predecessor-version":[{"id":158673,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/158671\/revisions\/158673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/158672"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=158671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=158671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=158671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}