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Sunday, February 25, 2024
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    bitcoin
    Bitcoin (BTC) $ 51,582.82
    ethereum
    Ethereum (ETH) $ 3,021.69
    tether
    Tether (USDT) $ 0.999746
    bnb
    BNB (BNB) $ 378.95
    usd-coin
    USDC (USDC) $ 0.999823
    xrp
    XRP (XRP) $ 0.54529
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.086072
    cardano
    Cardano (ADA) $ 0.59578
    solana
    Solana (SOL) $ 103.24
    matic-network
    Polygon (MATIC) $ 0.981926
    polkadot
    Polkadot (DOT) $ 7.75
    tron
    TRON (TRX) $ 0.137677

    Bitcoin’s Hashrate Hits Report 549 EH/s in Early 2024 Amid Rising Problem and Decrease Hash Worth

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    As the primary week of 2024 concluded, Bitcoinโ€™s hashrate shattered one other lifetime excessive on Jan. 6, attaining an unprecedented 549 exahash per second (EH/s). Although the hashrate dipped post-Dec. 25, 2023, falling from 546 EH/s to a low of 510 EH/s, it rebounded amidst a declining hash worth and an intervening hike in problem.

    2024 Ushers in Report-Breaking Hashrate for Bitcoin at 549 EH/s

    Bitcoinโ€™s seven-day common hashrate achieved a brand new peak on Jan. 6, 2024, hitting 549 EH/s. This milestone surpassed the previous document set on Dec. 25, 2023, when it reached 546 EH/s on Christmas Day. The 549 EH/s equates to 549 quintillion hashes per second (H/s) or 0.549 zettahash per second (ZH/s). One zettahash represents 1,000 EH/s or 1,000,000 petahash per second (PH/s).

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    Presently, the three-day easy transferring common (SMA) signifies the hashrate peaked at 565 EH/s, but the identical three-day SMA documented on Dec. 25, reveals a superior excessive of 580 EH/s. As of Jan. 7, 2024, precisely 50 mining swimming pools are actively contributing hashrate to the Bitcoin community, with three-day SMA knowledge positioning Foundry USA on the forefront.

    Over the latest three days, Foundry has dominated with 26.93% of the hashrate, delivering 141.59 EH/s, whereas Antpool carefully follows, committing 139.13 EH/s and securing 26.46% of the general hashrate. Trailing behind are F2pool, Viabtc, Binance Pool, and Marathonโ€™s Mara Pool. This rise in hashrate coincides with a dip within the hash worth per petahash per second (PH/s) worth and a latest 1.65% improve in problem.

    Regardless of the sturdy hashrate, projections point out a possible lower starting from 1.59% to eight.5% resulting from slower block intervals in comparison with the anticipated 10-minute common, with latest blocks clocking in between 10 minutes and 32 seconds to 10 minutes and 55 seconds. Thereโ€™s lower than 1,800 blocks left till the subsequent retarget scheduled for Jan. 19, 2024.

    See also  Understanding Crypto Mining Swimming pools

    What do you consider the most recent hashrate excessive? Share your ideas and opinions about this topic within the feedback part under.

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