The post Bitcoin Hash Rate And Difficulty On The Rise Over ETH ETF Optimism appeared first on Coinpedia Fintech News
Optimism over potential spot ETH ETF approvals and subsequent price rallies increased the hash rate over the last few days. On Thursday, the BTC mining difficulty rose 1.5% to $84.4 trillion as the network’s hash rate rose above 600 EH/s. Bitcoin’s hash price also showed a slight recovery after sliding to an all-time low of less than $50 per PH/s per day on April 29 and reached $55 per PH/s per day on Monday.