Last Saturday, February 12, the Bitcoin network hashrate surpassed 248 EH/s, reaching a new record high. According to Glassnode, the indicator experienced an increase of more than 30% in just one day.
The hashrate of the market's largest crypto by capitalization has moved along an upward trajectory over the past three months. During this period, the indicator has added almost 50% to 201.36 EH/s.
The Bitcoin mining difficulty hit a record high of 26.64 billion last month. During the latest recalculation on February 4, the value increased slightly and rose to 26.69 trillion.
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The growth of the network's total hashrate indicates an increase in the stability of the blockchain as well as the development of its infrastructure. The indicator has fully recovered after the migration of Chinese miners to other countries.
Last February 6, the hashrate of the Ethereum network also reached an all-time high above 971 TH/s. The chart of the indicator, smoothed by the 7-day moving average, is at its highest level: last February 12, the value exceeded 955 TH/s.