The hash rate has increased by more than 50% since the mid-July slump.
Bitcoin’s hash rate continues to move in contrast with the asset’s price as it charted yet another new all-time high recently.
Generally, it declines during the summer months as many countries prohibit local miners to do their job due to high electricity demand. This was evident in the past few months, as well as the metric dropped fromHowever, it began its recovery in the past few weeks as summer is coming to its end. In a matter of just over a month, the hash rate increased by over 50% and registered a new all-time high during the weekend of 265 Ehash/s.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BART's 50 Year Anniversary: Transit agency's half-century of serviceBART, the Bay Area Rapid Transit District, is celebrating its 50th anniversary as it struggles to regain the ridership ripped away from it by the pandemic. Look back at the triumphs, trials and tribulations of a transit system set the standard for modern urban rail systems worldwide.
Read more »
50 wheels of contraband cheese seized by U.S. Customs and Border Protection officersOfficers found about 100 pounds of undeclared cheese hidden under blankets in a woman's car.
Read more »
Walking this number of steps every day can reduce dementia risk by 50%A new study points to how much and how quickly you should walk to reduce your risk of dementia.
Read more »
Archdiocese’s leading lady retiring after nearly 50 years | Faith MattersThe highlight of her tenure was the visit of Pope John Paul II to Sacred Heart Cathedral and Giants Stadium in 1995.
Read more »