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Bitcoin hash rate returns to all-time high levels
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The global hash rate of the Bitcoin network tanked to as low as 84 exahashes per second (EH/s) at the start of June following the Chinese government’s crackdown on the crypto mining sector.
According to Blockchain.com, the global hash rate has increased by 108% since June, with the Bitcoin network performing at a rolling seven-day average of 175 EH/s as of Wednesday.
The figure is roughly 3% shy of peak levels of 180 EH/s seen at the height of the previous bull cycle in May. It is a commonly held
Read more on cointelegraph.comAbout this in other media
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20% of Bitcoin Hashrate Is ‘Still in Mainland China,’ Report Claims cryptonews.com /2 years ago
Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer cryptonews.com /2 years ago
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