BroadChain Finance has learned that on May 29th, according to Bitcoin.com, the Bitcoin hash rate has rebounded and surpassed the historical high point before the fourth halving event.
On May 8th, the 7-day Simple Moving Average (SMA) indicated that the network’s hash rate had dropped to a low of 582 EH/s.
This week, specifically on May 25th, 2024, the Bitcoin network’s hash rate reached a new all-time high of 657 EH/s, currently standing at 652 EH/s. The hash price has also increased to over $53 per PH/s.
