Bitcoin Crosses Halving Halfway Point, Hits Record Hash Rate: What It Means

Bitcoin (BTC) marked a significant milestone, traversing the halfway point to its next halving, estimated to occur in April 2025. This journey was underscored by Bitcoin’s hash rate hitting a new all-time high, indicating that the network is stronger than ever. Block number 735,000 marked the halfway point.

Bitcoin marked another milestone journey on Thursday as it traversed the halfway point to its next halving which will occur in April 2025. Just in time for next year's highly anticipated halving, Bitcoin's hash rate has hit a new all-time high.

The total Bitcoin mining of the 105,000th block, which represents the midpoint before the subsequent halving, brought the Bitcoin hash rate since the previous halving to another historic high. La tasa de hash de Bitcoin alcanzó otro máximo histórico y se minó el bloque número 105,000, marcando la mitad del camino hacia el siguiente halving.

With a new record of 281.79 million TH/s, the Bitcoin network has reached a new all-time high in terms of its hash rate. As a result, estimates for the next halving point to April 2025.

Bitcoin’s hash rate hit a new all-time high on its 16th anniversary, showcasing resilience despite recent market challenges. Mining operations have consolidated, with two major entities leading the charge. This record hash rate signifies increased security and stability for the Bitcoin network as it approaches its halving event.