Bitcoin Hashrate Recovers to 1 ZH/s After Eight Months
Bitcoin's seven-day hashrate has returned to 1 ZH/s following a nearly eight-month period below that threshold, according to Cryptonews.
Bitcoin's seven-day hashrate has returned to 1 ZH/s, reaching the milestone after nearly eight months below the level, according to data reported by Cryptonews. The network metric measures the total computational power being used to mine and process transactions on the blockchain.
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The recovery to the 1 ZH/s mark concludes a consolidation phase that lasted for close to eight months. The return indicates a resumption of higher computational engagement across the mining sector.
Key facts
- Bitcoin's seven-day hashrate returned to 1 ZH/s
- The recovery follows a period of nearly eight months below the threshold
- Data was reported by Cryptonews
Source: news.google.com
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