Bitcoin’s Hashrate Rises to a New All Time High

Bitcoin’s Hashrate Rises to a New All Time High

Demand for bitcoin mining has now jumped to a new all time high after a rare period of much volatility in bitcoin’s hashrate that began in March and saw it fall as well as rise by 40% or more.

Between March and April bitcoin’s hashrate oscillated from 120 petahashes per second (ph/s) to 90, and then again in May.

In June however the hashrate fall was smaller, from 117 ph/s to 105, indicating the situation was beginning to stabilize.

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