Bitcoin hash rate has returned to its highest level in history

The global hash rate of the Bitcoin network returned to its highest level in history (ATH) only six months after a major crash following the Chinese government’s mining ban.

Global hash rate The Bitcoin network is in trouble Crack down on the Chinese government Crypto mining industry.

According to data from Blockchain.com, the global hash rate has Increase It has grown by 108% since June, and as of December 8, the Bitcoin network was operating at a 7-day average rolling speed of 175 exahash (EH/s) per second.

This figure is about 3% lower than the peak level of 180 EH/s at the peak of the last bull market cycle in May.It is generally believed that the trend of hash rate correspond With the price of Bitcoin, this suggests that although there may be some positive price action overall upset Currently on the market.

However, the actual situation of the global hash rate ATH is difficult to determine, because many popular platforms have different estimates of the historical and current performance of the Bitcoin network.according to data According to BitInfoCharts, the ATH in May reached 197 EH/s, and then fell to the 68 EH/s mark in June.As of December 8, the BTC computing power of the platform was 191 EH/s, while the computing power of YCharts was current The performance is 186 EH/s.

Before the ban, Bitcoin miners in China accounted for 70% of the global hash rate.Since then, the situation has changed dramatically, and the United States Become a majority country According to estimates from the University of Cambridge’s Bitcoin Power Consumption Index, the hash rate of BTC is 42%.