Bitcoin hashrate soars 44%

The Bitcoin hashrate currently stands at 282.21 exahashes per second (EH/s) at the moment, just 3.35% below the all-time high (ATH) recorded at block height 739,928 on June 8, 2022.

It has increased a lot even though the price has dropped by 9% in the past two weeks and the mining difficulty has increased twice since August 4, 2022.