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The average BTC block size peaked; Hash rate breaks new record

May 11, 2020

The average block size Bitcoin (BTC) it peaked this month, with a record in hash rate before halving, scheduled in about 6 hours.

Based on the data available on Blockchain.com The average BTC block size reached 1,341 MB on May 2with a second lowest peak of 1,312 MB on May 7th. The all-time high of all time or “All time high” (ATH for its acronym in English) was around 1,314 MB in December 2019.

The average BTC block size peaked; Hash rate breaks new recordThe average BTC block size peaked; Hash rate breaks new record

Source: blockchain.com

When the halving approaches BTC has also seen a significant increase in hash rates, possibly to prioritize the trade. The average transaction rate on May 8 was $ 3.19, an increase of more than 300% over April 26, which was $ 0.62.

New ATH for BTC hash rate?

At the same time The hash rate is volatile before halving. On May 3, more than 142 exashashes per second (EH / s) were reported Data from Glassnode. The data from Blockchain.com show a similar picture, but suggest that the high point was on May 2 and that A new ATH may occur on May 11thjust before halving.

Source: blockchain.com

Miners get closer to a new ATH. At this point in time, today, May 11th, the BTC hash rate is a little over 136 EH / s Blockchain.com.

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