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Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits | Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News

Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record

Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19, 2024, the hashrate soared to a record 653 exahash per second (EH/s).

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