Bitcoin Network Hash Rate Hits All-Time Highs

The hash rate deployed on the Bitcoin network has reached an all-time over the past week. With profitable conditions after the recent price increases, new miners are likely being attracted to the market. More powerful hardware has also been announced over the course of Q2 2019 such as the Antminer T17. The hash rate recorded 72.57 EH/s on the 6th of July according to data from This represents a 79% increase year-to-date.