Key Takeaways
- Bitcoin's hashrate hits an all-time high according to Bitbo, reflecting mining power growth.
- The hashrate has grown steadily, especially since 2020.
- Increased hashrate signals greater security and network decentralization.
The estimated Bitcoin hashrate, a measure of the computing power dedicated to mining on the network, has reached an all-time high.
This milestone indicates the growing strength and security of the Bitcoin network as more miners join and contribute their processing power.
The chart highlights the hashrate’s exponential growth over the past decade, particularly since 2020.