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Bitcoin (BTC) hashrate recently saw its fastest 30-day growth ever

The Bitcoin price resurgence of the last few months has been accompanied by new record hash rates being set. Data shows that the BTC hashrate also recently broke its all-time record for 30-day growth.

Blockchain analysis showed that the BTC hash rate hit its all-time high of 74.5 TH/s on July 4. The previous ATH was set just a week before, on June 28, and before that another peak level was reached on June 19. 

It may not come as a surprise then, that the 30-day period going back from July 9 saw the fastest hashrate growth in the history of the Bitcoin network. Data from Binance Research shows that the moving average increased during this time by a total of 13.11 EH/s.