Kazakhstan likely to lose Bitcoin hash rate leadership in next index update
Several Chinese crypto mining giants like BIT Mining have already scraped some of their expansion plans in Kazakhstan.
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Several Chinese crypto mining giants like BIT Mining have already scraped some of their expansion plans in Kazakhstan.
The sharp increase in MineXMR's mining hash rate in the past few months has led some XMR enthusiasts to suspect ulterior motives.
Record hash rate and difficulty provide a positive overture to some uninspiring price moves, with Bitcoin now offering network security never seen before in its history.
The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network.
Despite the price of BTC, the Bitcoin network is the strongest it’s ever been, according to industry experts.
Data from BTC.com estimates that the network will continue to grow stronger by attaining another ATH in the next 12 days — with a network difficulty of 26.70 trillion.
Bitcoin’s hash rate hits new all-time highs as Jack Dorsey tweets that Block is “officially building an open Bitcoin mining system.”
Hash rate has never looked better, and appetite for accumulating has only grown since China's May mining crackdown.
New York-based Foundry USA contributed to a 15.42% share of the network hash rate and is just 4,000 PH/s behind AntPool.
A surprise surge greets BTC hodlers at the start of the new week with $65,000 suddenly returning overnight.