Bitcoin Hash Rate
Nilesh Patil
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Nilesh Patil
Senior Commodity Trader | Corporate Strategy | Biofuels & Feedstock Origination | Carbon Markets & Sustainability
Bitcoin hash rate is at record 200EH/s as 100K BTC turns ‘illiquid’ every month. Hash rate never looked stronger, and demand for hoarding has simply risen since China’s May mining crackdown.
Figures from on-chain analytics firm Glassnode established the trend on Dec. 23, illustrating that the volume of the BTC supply moving from a “liquid” to an “illiquid” state is now 100,000 BTC per month.