Markets· ★★★· neutral·

Bitcoin hash rate hits 1,031 EH/s, highest in five months

  • —Hash rate rose 44.08 EH/s in a week to 1,031.61 EH/s
  • —Miner reserves increased 379 BTC to 1,192,622 BTC
  • —Puell Multiple dropped 0.14 to 0.99, below the yearly average
Why it matters: Stronger computing power hardens the network, but a Puell Multiple below 1 signals miner revenue is weak versus the past year.
Source: TokenPost