Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s).
While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the 200 EH/s region.
Close to a week ago, Bitcoin’s hashrate tapped an all-time high at 292.02 EH/s at block height 739,928 and since then, it has dropped down to just above the 200 EH/s zone. Currently, the hashrate is coasting along at 232.63 EH/s on Tuesday, June 14, 2022. At current speeds, the network’s mining difficulty is expected to increase by 0.67% to 30.49 trillion. There’s still a whole week left until the difficulty adjustment algorithm changes, which means current estimates could shift. The DAA change is expected to happen on or around June 22, 2022, or 1,050 block rewards to go until the shift.