min to read

2019-09-19 16:06:52




News

Bitcoin hash rate has exceeded 100 EH/s

Bitcoin to the moon

min to read

2019-09-19 16:06:52

The total processing power of the bitcoin network has crossed the line of 100 EH/s. At the moment of writing, the indicator was 102.848 EH/s.

The total processing power of the bitcoin network has crossed the line of 100 EH/s. At the moment of writing, the indicator was 102.848 EH/s.

 


 

Since December 2018, the hash rate has increased by 230%.

 

Since mid-June, several new ASIC miners have appeared on the market and, according to some estimates, 600,000 new devices have joined the bitcoin network.

 

The increase in demand, as well as the rainy season in the southwest of China, ending up in October, has led to the increase in the price of bitcoin. Due to that miners have traditionally moved to the northern provinces, one of which, Inner Mongolia, had been instructed by the central government of China to close all farms in accordance with the national plan to expel the industry.

 

 

Many analysts believe that the price follows the hashrate, but on the night of September 19, the quotes fell below $10,000 once again.

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