Bitcoin hash rate hits ATH after 34% YOY growth


This metric shows the rate of change of the Bitcoin hash rate adjustment.

quick take

  • Above 7DMA, Bitcoin’s hash rate hits 300 TH/s and continues to make new all-time highs.
  • In 2023, we have lowered our hash rate only 5 times to demonstrate the consistency and current strength of our network.
  • Hashrate has increased by 34% and 50% year-on-year over the past two years.
  • The summer 2021 ban in China was the biggest event impacting hashrate, dropping 35%.
Hashrate Tuning: (Source: Glassnode)

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