{"id":88744,"date":"2023-12-27T10:48:17","date_gmt":"2023-12-27T08:48:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88744"},"modified":"2025-09-13T19:55:18","modified_gmt":"2025-09-13T16:55:18","slug":"bitcoin-hash-rate-hits-an-all-time-high-2","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-hash-rate-hits-an-all-time-high-2\/","title":{"rendered":"Bitcoin hash rate hits an all-time high"},"content":{"rendered":"<p>On 25 December, Bitcoin&#8217;s network hash rate registered a record high of 544.6 EH\/s, according to <a href=\\\"https:\/\/www.blockchain.com\/en\/explorer\/charts\/hash-rate\\\">Blockchain.com<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh7-eu.googleusercontent.com\/ZxLb417OJRQgoFDvPAcCvMvVd8rVWFYKD8CbnH8oWpcInYiNn7vEwQ1mp6C4MD8IcbQbBmR50zkO6nPH_TuhkOS94axhLi9Jxp4mENLTs5Cm7wgyztguKH_LChI6xlYWa0Ic45Bp1deaoGvLXBTnP1w\\\" alt=\\\"Bitcoin hash rate hits an all-time high\\\"\/><figcaption class=\\\"wp-element-caption\\\">Data: Blockchain.com.<\/figcaption><\/figure>\n<p>\\n\\n\\n\\n<\/p>\n<p>On December 23, Bitcoin mining difficulty <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-hits-a-new-high-10\">hit a new high<\/a> at 72.01 T. The metric correlated with the network&#8217;s hashing power rose over the year in 20 of 27 recalculations.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to <a href=\\\"https:\/\/studio.glassnode.com\/metrics?a=BTC&#038;category=&#038;ema=0&#038;m=mining.HashRateMean&#038;mAvg=7&#038;mMedian=0&#038;s=1659268705&#038;u=1703548800&#038;zoom=\\\">Glassnode<\/a>, the seven-day smoothed moving average of the hash rate reached 544.9 EH\/s on December 24.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh7-eu.googleusercontent.com\/x-AocMui7cVcynDCOwKZS7o-p5r5wkcsLY25V2lvIB5TqzdmRh9V19yld3Qn_TrPP-0FxHzE-1LuGYzJUzAQLqmyIZIER4OdlTY3ZBegvbH2oOupt04cANBSuayVkqbBhq6qDKmr9xMFQsAzw2b_yfw\\\" alt=\\\"Bitcoin hash rate hits an all-time high\\\"\/><figcaption class=\\\"wp-element-caption\\\">Data: Glassnode.<\/figcaption><\/figure>\n<p>\\n\\n\\n\\n<\/p>\n<p><span data-descr=\\\"miner revenue per unit of hash power\\\" class=\\\"old_tooltip\\\">Hashprice<\/span> fell to $0.09 per TH\/s per day after hitting a yearly peak of $0.13 on December 17, according to <a href=\\\"https:\/\/data.hashrateindex.com\/chart\/bitcoin-hashprice-index\\\">Hashrate Index<\/a>. The decline in mining profitability by 34% occurred as Bitcoin&#8217;s price retreated from the $44,000 mark <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-tests-the-44000-level\">to<\/a>. By December 26, Bitcoin prices had fallen below $42,000 (<a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\\\">CoinGecko<\/a>).<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh7-eu.googleusercontent.com\/kF0YrNyVY7tG6jHUUvPETLnwJNL6scN1_TmzoFNWHwcziP_ff57w8iDJzEw71rQSKBYgCtVTIOE4D8PL9_he7q7hJjUZIfmnaoO_YYMqFK93_66YjocDrOlGnhdreGGHyURkor0KLsX9_LJGna1kuyA\\\" alt=\\\"Bitcoin hash rate hits an all-time high\\\"\/><figcaption class=\\\"wp-element-caption\\\">Data: Hashrate Index.<\/figcaption><\/figure>\n<p>\\n\\n\\n\\n<\/p>\n<p>On December 17, the average transaction fee in the network also reached a yearly high, <a href=\"https:\/\/u1f987.com\/en\/news\/ordinals-boom-pushes-bitcoin-fees-to-record-highs\">surpassing $37<\/a>. At the time of writing, the figure had fallen to around $13, according to <a href=\\\"https:\/\/bitinfocharts.com\/comparison\/bitcoin-transactionfees.html#3y\\\">BitInfoCharts<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>As reported, the average daily revenue miners earned from fees exceeded $2 million \u2014 up 400% year on year, <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-miners-revenue-from-fees-for-the-year-up-400\">exceeded $2 million<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 25, Bitcoin&#8217;s network hash rate registered a record high of 544.6 EH\/s, according to Blockchain.com.<\/p>\n","protected":false},"author":1,"featured_media":88745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1279],"class_list":["post-88744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-hashrate-2"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=88744"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88744\/revisions"}],"predecessor-version":[{"id":88746,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88744\/revisions\/88746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/88745"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=88744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=88744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=88744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}