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HomeEthereumBitcoin sees sixth straight issue enhance amid record-breaking hash fee surge

Bitcoin sees sixth straight issue enhance amid record-breaking hash fee surge


Fast Take

Bitcoin’s community dynamics are presently going by means of an thrilling section, with the upcoming issue adjustment exceeding 5%. The problem adjustment continues to place in all-time highs and is now above 68T.

This makes it the sixth consecutive optimistic adjustment this yr—a streak solely beforehand seen from December 2021 to February 2022. The latest explosion in Bitcoin’s hash fee is a crucial part behind this upward adjustment.

Bitcoin Difficulty: (Source: Glassnode)
Bitcoin Issue: (Supply: Glassnode)

On Nov. 19, the community recorded the very best single-day hash fee in its historical past. This surge in hash fee, indicating elevated miner participation, and the next issue changes underscore the robustness and adaptive nature of Bitcoin’s decentralized community.

Bitcoin Hash Rate: (Source: Glassnode)
Bitcoin Hash Price: (Supply: Glassnode)

The put up Bitcoin sees sixth straight issue enhance amid record-breaking hash fee surge appeared first on CryptoSlate.

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