Bitcoin's hashrate continues to rise after a sharp summer fall amid China's anti-mining campaign.
According to BTC.com, this weekend the difficulty of mining Bitcoin increased by 4.69%, to 22.67 trillion hashes.
The network hash power dropped below 90 on July 5 exahashes per second (EH/s) has triggered a series of difficulty reductions. Now it is growing again for the ninth week in a row.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
The CEO plans to start building a mining farm for $251 million
The CEO of a company that plans to build a data center for cryptocurrency mining west of Butte, Montana, isn't worried about the price of Bitcoin, which has fallen to nearly $3,200. In fact, Power BLock Coin LCC co-founder Aaron Tilton believes that the price reduction could benefit some miners.
Marathon shares plummet after SEC investigation reported
Shares of Marathon Digital Holdings (MARA) plunged 27% on Monday and continued to slide more than 6% in Tuesday's premarket trading.
