Glassnode: BTC hash rate may reach a record high before the end of 2021

Glassnode: BTC hash rate may reach a record high before the end of 2021

2021/11/18

According to reports, according to the latest report of the blockchain analysis company Glassnode, the BTC hash rate may reach an all-time high before the end of 2021. After experiencing a special event that 52% of the entire network’s hash rate dropped almost overnight, BTC mining Continue to recover, and the current total income of miners fluctuates between 900 and 1,000 BTC per day. Since the low point in early June, the hash rate of the entire network has recovered 95%, reaching 164 EH/s. If calculated according to the current recovery trend, Glassnode believes that the BTC hash rate market is likely to reach a record high before the end of 2021.

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