Categories: News

The network hash rate returned to over 100 EH / s

After the price crash on March 12, the hash rate of the Bitcoin network dropped from 121 EH / s to 95 EH / s. As a result of this evolution, the mining difficulty decreased by 16%, stopping the negative spiral.

Blockchain.com data shows that over the past two weeks, the network hash rate has returned to over 100 EH / s.

At the same time, the price of Bitcoin has started to rise – today, cryptocurrencies have exceeded the $ 7,000 threshold according to CoinmarketCap. Currently, BTC is trading at $ 7100.

The phenomenon puts Bitcoin at odds with the fiat economy, which depends on central banks and the governments that intervene to survive. “Bitcoin doesn’t need bailouts or bailouts,” a summary the Canadian Shakepay Exchange.

Miners Hashrate

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