Despite the ongoing geopolitical uncertainty and economic turmoil worldwide, Bitcoin’s network continues to get more robust. According to BlockchainCom, from February 11th to February 12th, the hashrate spiked by as much as 31%. The estimated number of terahashes per second on the BTC network performed in the last 24 hours currently sits at 248.11 million per second, a new all-time high value. In addition, the Consumer Price Index in the United States clocked in at 7.5%, exceeding expectations.