BTC hashrate again exceeded the maximum value in history
The bitcoin network's hashrate reached a maximum value of 270.25 Eh/s, according to the 14d MA indicator.
In addition, there was a recovery of the 7d MA indicator, which approached the level of 272 Eh/s, recorded in November last year.
Recall that in December, the network's hashrate decreased due to the extreme snowstorm that hit the United States. At that time, miners were forced to suspend operations and shut down equipment to implement a flexible network load policy, as well as for employee safety. Core Scientific and Argo Blockchain were among the companies that shut down operations.
The restoration of network capacity and bitcoin growth above $17k and $18k triggered a 13% increase in hash price to $0.068 per Th/s per day.