Bitcoin Hashrate Sets New All-Time High As BTC Nears $100,000

Quick Summary:

On-chain data shows the Bitcoin Hashrate has surged to a record value as the coin’s price has continued to explore new all-time highs (ATHs).

On the other hand, the indicator going down implies some of the miners have decided to leave the blockchain, potentially because they are no longer making a positive return.

The block subsidy remains fixed in BTC value (except for during Halvings, events occurring about every four years where it is permanently slashed in half) and is given out at a nearly constant rate of time.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: Bitcoin Btc Bitcoin hashrate Bitcoin Rally BTCUSDT Bitcoin Miners Bitcoin All-Time High Bitcoin mining Bitcoin News Bitcoin surge

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 13:00:23 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23779369

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 9 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions