The processing power backing the Bitcoin network has tapped another all-time high in 2022, reaching 246 EH/s on February 12.
Bitcoin’s hashrate tapped an ATH on Saturday, February 12, 2022 at 246.80 EH/s. The hashrate is coasting along at 239 EH/s at the time of writing.
The record on Saturday was 12.43% higher than the January 15 metric and currently, the hashrate has been coasting along at 239.48 EH/s. The hashrate high is taking place while bitcoin’s price has dropped 38.4% lower than the $69K high on November 10. Furthermore, the network’s difficulty is the highest it’s ever been as well, which means it’s more difficult than ever before to find aAt the time of writing, the network’s mining difficulty is approximately 26.
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