The total computing power in the bitcoin network’s indicators of the beginning of November last year, which is the maximum level over the past four months.
Thus, according to Blockchain.com on Tuesday, March 19, the figure was more than 52 EH/s.
We will remind, under hasraton is a total computing power of the mining equipment involved in the process of mining cryptocurrency.
As has been recalled earlier, the experts, the price of bitcoin follows hasraton, and the growth of this indicator suggests that optimism in the market, particularly among miners, is not only preserved, but increased.
Hashrate follows price. Some folks believe price follows hashrate, possibly because hashrate doesn’t simply track ~spot~ price, but rather some tracks ~speculative~ future price. Miners are speculators too!
— Jameson Lopp (@lopp) June 23, 2018
Note that the historical maximum Hasrat in the network of bitcoin was recorded in August of 2018 – then the figure was approximately 62 EH/s.
It is also worth to note that the current level Hasrat more than four times exceeds the indicators that could be observed in December 2017, when the price of bitcoin rose to a historical maximum in the region of $20 000.
At the same time, the complexity of bitcoin, despite the increased Hasrat, is still at the levels of the beginning of February.
As mentioned earlier ForkLog, as of early March, about 75% Hasrat bitcoin was under control six mining-pools, half of which are “directly or indirectly” controlled by the Chinese company Bitmain.