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TechFlow news, September 4: According to Decrypt, the Bitcoin network's daily hashrate reached a record high of 1.279 ZH/s (zettahash per second) on Tuesday, while the seven-day moving average hashrate surpassed 1 ZH/s for the first time.
Despite the post-halving reduction in miner rewards from 6.25 to 3.125 bitcoins last year and challenges such as rising energy costs, the hashrate has hit a new peak, with Bitcoin's price currently remaining flat.
According to Decrypt, Bitcoin's network hash rate reached a record high of 1.279 ZH/s (zettahashes per second) on Tuesday, while the seven-day moving average hash rate surpassed 1 ZH/s for the first time. Despite the halving last year reducing miner rewards from 6.25 BTC to 3.125 BTC and ongoing challenges such as rising energy costs, the hash rate has hit a new peak, with Bitcoin's price currently remaining flat.
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