Against the backdrop of repressions against Chinese miners, the bitcoin hash rate began to decline rapidly last week.
Today this figure is around 110 exaches per second (EH/s). On June 10, the hash rate exceeded 140 EH / s, and a day later it fell below 100 EH/s. Only today the computing power has been able to grow a little.
The difficulty of Bitcoin mining after the next recalculation fell by more than 5%. Now, this figure is 19.8 T - this is the lowest value since January.
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Recall that the difficulty of mining is updated every two weeks. The previous adjustment took place on May 30th.
Until June 9, the hash rate remained stable. However, then it began to fall because the authorities of the Chinese province of Xinjiang banned mining on their territory.
The fall in the difficulty of mining BTC can be used by other miners remaining in the network. They have real opportunities to build up their capacities in the face of renewed growth in the value of bitcoin.