April 23, 2024

Bitcoin hash has risen sharply

Bitcoin hash has risen sharply

The Bitcoin hash network began to recover amid the approach of halving 2020.

According to the resourceBlockchain.com, on April 15, the average weekly hashrate of bitcoin was 114 EH/s. 

Bitcoin hash has risen sharply

Recall that in March, the bitcoin hash power reached a record 150 EH / s. Shortly after this, the figure fell sharply by 30%.

Hashrate is a measure of the computing power used by miners to process and confirm a transaction on the network.The higher the hashrate, the faster and safer the blockchain works.

According to some crypto enthusiasts, the hash of the network has risen due to the fact that many miners of the BCH network after halving switched to mining BTC.

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Based on materialshttps://cointelegraph.com