The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in mere one day, any ensuring resilience against attacks on the Bitcoin network. 


The Bitcoin (BTC) network has recorded a brand new hash rate incomparable high of 248.11M TH/s as of February. 12, 2022, additional securing the decentralized scheme through a growing network of world BTC miners. 

The hash rate correlates to the computing power needed by a miner’s pc instrumentality to substantiate a dealings. The recent spike in BTC’s network hash rate ensures additional security against attacks by deterring bad actors from confirming fraudulent transactions. 

Bitcoin hash rate over the past year. Source: YCharts

As proven by the on top of screenshot, the network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in only at some point. Moreover, the Bitcoin network’s hash rate levels rose 54.33% over the past year. 

Bitcoin hash rate over the past one month. Source: YCharts

Previously, China’s blanket ban on crypto mining and trading led to considerations regarding the protection of the Bitcoin network, because the country contributed to 34.25% of the overall Bitcoin mining hash rate till June 2021. 

With miners eventually finding refuge in alternative crypto-friendly countries, the Bitcoin network saw a pointy recovery — eventually surpassing the previous incomparable highs. 

Bitcoin mining by country. Source: ccaf.io

Currently, the miners residing within the united states contribute the very best in terms of the world hash rate of the Bitcoin network, 35.4%. 

(Arijit Sarkar, Cointelegraph, 2022)