Bitcoin mining bounces back to level before China crackdown as US takes crown as top hub

//Bitcoin mining bounces back to level before China crackdown as US takes crown as top hub

Bitcoin mining bounces back to level before China crackdown as US takes crown as top hub

Bitcoin mining worldwide has recovered to its peak level before China imposed in May a blanket ban on cryptocurrency trading, mining and related activities.The total hash rate, which measures the bitcoin network’s speed of mining new tokens and verifying transactions, reached an all-time high of nearly 182 million terahashes per second on Friday, surpassing the previous record of 181 million th/s on May 14, before falling back to 178 million th/s on Monday, according to estimates by…

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By | 2021-12-14T11:00:28+00:00 December 14th, 2021|Technology|Comments Off on Bitcoin mining bounces back to level before China crackdown as US takes crown as top hub