Jan Wüstenfeld2022-09-12

30-day moving average of Bitcoin hashrate trending higher

The 30-day moving average of the Bitcoin hashrate keeps trending higher and is not too far away from previous all-time high levels. Note: I use the moving average here, as individual spikes in the hashrate are not necessarily actual increases in the hashrate. The hashrate can only be estimated and not observed. Spikes may, e.g. occur if blocks are discovered faster by chance.