Bitcoin hashrate reaches new all-time high

On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing  interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.

New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.

At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.