Bitcoin's Hash Rate Hits 808 EH/s, Price Climbs to $97,000 with Difficulty Up 1.16%

Bitcoin's hash rate has reached a historic milestone, surpassing 800 quintillion hashes per second (800 EH/s) as of December 31, 2024. This surge in hash rate, which hit a record of 808 EH/s on New Year’s Eve, reflects a substantial increase in mining activity, with the mining difficulty also rising by 1.16% to 109.78 trillion.

Additionally, Bitcoin's price has climbed back to $97,000, marking a significant recovery in the cryptocurrency market as it enters 2025. The price resurgence follows a period of volatility, with Bitcoin previously dipping below this threshold.

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