The computing power of the bitcoin network at the end of last week increased even against the backdrop of a fall in the value of the cryptocurrency.
Recall that on Saturday night, the BTC rate fell to $ 43,000 on some trading floors. This was followed by a rebound, and now the cryptocurrency is trading in the region of $ 49,000.
The negative market trend failed to force the miners to reduce their bitcoin power. On the contrary, the hash rate of the network in weekly terms increased by more than 7%.
Trending: Salvadorans are against buying bitcoins at the expense of the budget
On Monday night, December 6, it reached 181.59 exaches per second (EH / s), according to CoinWarz. On Friday, the hash rate was close to 190 EH / s - this is the maximum value since May 9, 2021, when bitcoin power exceeded 191.4 EH / s, analysts emphasized.
The fall of the crypto market could not force miners to cut production. Most likely, the activity of mining pools is increasing due to the recent negative adjustment in mining difficulty. On November 28, this indicator fell for the first time since July 17 to 22.34 T.
According to experts, at the current rate of capacity growth, as a result of the next adjustment, the difficulty of BTC production will increase by 1.17% to 22.6 T.