1 year ago
On November 22, 2023, information revealed that Bitcoin’s hashrate, arsenic calculated connected a seven-day moving average, attained an unprecedented level of 500 exahash per 2nd (EH/s), which is tantamount to astir 0.5 zettahash per 2nd (ZH/s). Additionally, with conscionable implicit a week remaining until the extremity of November, bitcoin miners are connected the brink of eclipsing the full net of October.
Bitcoin Shatters Records With 500 EH/s Hashrate
Record-breaking figures emerged for Bitcoin’s hashrate connected Wednesday, arsenic tracked by Luxor’s hashrateindex.com. The aggregate hashpower, based connected the seven-day moving average, deed 500 EH/s astatine 7:00 p.m. Eastern Time. Not lone is it fractional of a zettahash, this hashrate translates into a staggering 500 quintillion hashes each second. This accomplishment marks the archetypal clip successful past that the hashrate has soared to specified heights, with the three-day moving mean showing a surge to a important 526 EH/s.
Bitcoin (BTC) miners person accumulated $861.07 cardinal successful gross arsenic of November, adjacent though the period has not yet concluded. In the erstwhile period of October, they amassed a full of $885.05 million, with fees contributing $20.96 cardinal to this sum. In the ongoing period of November, the gross from fees has already reached $113.52 million. This positions November arsenic the 2nd astir lucrative period of 2023 successful presumption of fee-generated income alone.
Given that November is inactive successful progress, it stands a beardown accidental of surpassing the grounds $125.92 cardinal successful fees collected past May. The miners’ gross this period indicates that the regular worth of a petahash per 2nd (PH/s) soared to $96.36 connected November 16. Recently, this fig has been consistently hovering betwixt $82 and $85 for each PH/s produced per time implicit the past respective days. In the past week, a full of 1,077 blocks were mined, with Antpool uncovering 297 of these and Foundry USA securing 294.
Since its archetypal difficulty epoch astatine artifact tallness 2,016, Bitcoin’s hashrate has seen an astronomical rise. Initially, it was astatine 4.21 cardinal hashes per 2nd (H/s), oregon 4.21 megahash per 2nd (MH/s), and has present surged to a colossal 500 EH/s. This maturation represents an eleven trillion percent summation successful H/s since January 27, 2009, spanning 5,412 days oregon astir 15 years. In the span of this twelvemonth alone, Bitcoin’s hashrate has escalated by 238 EH/s.
What bash you deliberation astir Bitcoin’s hashrate reaching 500 EH/s this week? Share your thoughts and opinions astir this taxable successful the comments conception below.
English (US) 