Bitcoin network hashrate soars to 248.11 EH/s, a record high

According to reports, YCharts data shows that as of February 12, 2022, the Bitcoin network computing power has reached a record high of 248.11 EH/s, an increase of 31.69%. The current BTC network hashrate ensures additional security against potential attacks by preventing bad actors from confirming fraudulent transactions. Additionally, the Bitcoin network’s hash rate has risen by 54.33% over the past year.