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The increase also outperformed other groups, such as the Slush Pool (12.68 EH/s) and the Shorter (8.77 EH/s). In addition, they are outnumbered by many other pools, such as Poolin and ViaBTC, which have a hash rate of 22.76 EH/s and 16.24 EH/s, respectively. The Bitcoin hash rate in three days has grown more than the average Binance hash rate. While it’s not a perfect number, it’s not a bad price either, given that the retail price hit 2020 lows for several days in May.
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The hash rate jumped just as bitcoin mining profitability remained stable, above $0.13. The difficulty is adjusted each time 2016 blocks are added to the ledger or blockchain. Although it is not higher than the figure recorded in May, it may indicate that there are more miners working in the network. The increase in the hash rate occurs at a time when the difficulty of mining, the measure that regulates the issuance of bitcoins (BTC), It has been modified and slightly increased to 30.28 T. What is interesting is that on June 6, the hash rate fell by more than 30 EH/s, at 202 EH/s. Bitcoin’s hash rate jumped more than 15% in three days, hitting new all-time highs, as a sign of miners’ increasing participation in the network, which contributes to the security of the protocol.Īccording to graphs provided by miner Braiins, the hashrate, which is the sum of the computing power of the Bitcoin network, It’s 235 EH/s this Thursday, June 9, 2022a number not seen since the start of the activity.