Bitcoin hashrate increased by 45% in six months

by in Cryptocurrency News

Bitcoin hashrate

The activity of bitcoin-miners is intensifying even against the backdrop of the retreat of the cryptocurrency. While BTC is getting cheaper, the network hash rate continues to grow.

According to Blockchain.com, computing power set a new record this week, reaching 211.9 exahash per second (EH/s). Mining pools AntPool and F2Pool have made the largest contribution to the growth of the bitcoin hash rate. Over the past six months, this figure has increased by 45%.

In parallel, the complexity of bitcoin mining is increasing. It has also been intensifying since last June.

On Friday, February 18, the complexity of BTC mining reached 27.97 T. For the second time in the last three weeks, this indicator sets a record, experts emphasize.

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On January 23, the difficulty of mining cryptocurrency soared to 26.7 T, then the network hashrate exceeded 190.7 EH/s.

Competition between miners is intensifying, forcing the largest companies to purchase more productive equipment to increase their share in the bitcoin hash rate.

This week it became known that Marathon Digital Holdings decided to place shares and raise investments of up to $750 million. The corresponding application has already been sent to the SEC for consideration.