Hashrate of the Bitcoin network hit a new all-time high of 248.11 exahashes on February 12.
Related: Miners staged a sale of bitcoins in early February
Hashrate indicates the total computational power that the network of computers, miners use to produce new blocks. This way, miners secure the network. A higher hashrate means higher security.
Another key metric of the protocol is mining difficulty, which automatically adjusts, based on the hashrate change. Accordingly, mining difficulty also reached its peak of around $26.69 trillion on Saturday.
Currently, Bitcoin trades at around $42.100. The coin has a market cap of above $798 billion.