Despite the unconvincing dynamics of the BTC price, the hashrate of the first cryptocurrency once again updated the historical maximum.
If a little more than a week ago, the total computing network of Bitcoin was at around 83.526 EH / s , by now this figure is already 94.779 EH / s.
Data: blockchain.com
As this usually happens, the complexity of mining has grown along with the hashrate:
Data: blockchain.com
Well-known Twitter user Hodlonaut noted that at the height of the bull market in 2017, the bitcoin hash was only 6 EH / s. Now, according to his observations, the total computing power of the BTC network is increasing by this value every 2-3 weeks.
September 2017 total Bitcoin hashrate was just over 6 EH / s.
Today, hashrate increases with that same amount every 2-3 weeks.
– hodlonaut?⚡? (@hodlonaut) September 8, 2019
We also note that the development of the Lightning Network ecosystem has recently intensified. According to the 1ML service, over the past 30 days the number of payment channels has grown by 17%:
It is noteworthy that the improvement in fundamental indicators occurs against the background of almost zero growth over the past seven days:
Data: coin360
BlockchainJournal previously reported that mining equipment is becoming much more energy efficient.
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