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    Home ยป The complexity of mining Bitcoin reached an absolute maximum of

    The complexity of mining Bitcoin reached an absolute maximum of

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    By BlockchainJournal on July 12, 2019 News
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    The complexity of the extraction of the first cryptocurrency has reached an absolute historical maximum at around 9.06 trillion. Thus, when recalculating, the growth was 14%. It happened on July 9th.

    Data Blockchain.com

    At that moment, the hashrate was slightly below the historical record reached earlier, at 69.3 EH / s.

    At the time of writing, the aggregate computing power in the Bitcoin network has decreased to 58.1 EH / s, reflecting the price movement of the asset.

    Note that the average transaction fees are held below $ 2, according to the data from the bitcoinfees.info service.

    Recall that mining Bitcoin consumes more electricity than Switzerland, Austria or the Czech Republic.

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