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Bitcoin Hashrate Drops After China Coal Mine Explosion; Difficulty at ATH

source-logo  cryptonews.com 16 April 2021 07:50, UTC

Looking at the 7-day moving average, Bitcoin hashrate has been steadily climbing since mid-2017, reaching its all-time high on April 11, hitting 148.6 EH/s. On April 15, that number was 146.2 EH/s, per BitInfoCharts.com.

Meanwhile, just yesterday, bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, hit a new ATH as well. The difficulty went up 1.92%, reaching 23.58 T.

At 9:10 UTC, BTC is trading at USD 61,193, down 5% from its recently gained all-time high. The price dropped 2% in a day and increased 5% in a week.
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- Bitcoin Mining in 2021: Growth, Consolidation, Renewables, and Regulation
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cryptonews.com