On-chain data shows the Bitcoin Hashrate has surged to a record value as the coin’s price has continued to explore new all-time highs (ATHs). 7-Day Average Bitcoin Mining Hashrate Has Shot Up Recently The “Hashrate” refers to a metric that keeps track of the total amount of computing power that the Bitcoin miners as a whole have currently connected with the network. Its value is measured in units of hashes per second (H/s), or the larger and more practical terahashes per second (TH/s). The miners use their computing power for…
