The computing power on the network of the first-ever cryptocurrency has increased to 170 TH/s. In just four months, this figure has increased by 40%.
Bitcoin’s hash rate has reached an all-time high. The total computing power of the blockchain on the network has reached 170 TH/s This was reported by the Glassnode analytical service on its Twitter account.
The considerable increase of 40% in the hash rate has occurred since the May halving. As a result of this, the cryptocurrency network is now more secure. When the number of devices connected to the crypto blockchain increases, this means that the network is more secure.
In September this year, there was another record set on the Bitcoin network. After recalculation, the difficulty of mining the first coin has reached 19.3 trillion hashes. Although there were other recalculations since then, this result remains at the record high.
