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What now for Bitcoin (BTC) as mining hashrate rises twice in the last 90 days

Bitcoin hashrate has grown by 128% in the last 83 days.

What now for Bitcoin (BTC) as mining hashrate rises twice in the last 90 days

Photo by Serg Dementev from Pixabay

This post was last updated on September 25th, 2021 at 02:10 amFollowing a series of upward move in its activities spanning over 90 days, Bitcoin hashrate is moving forward again as itย has recorded a 128 percent increase within this period.

Chinaโ€™s clampdown cut BTC hashrate Recall that about two months ago, a series of institutional clampdown on various mining operation centres by the Chinese authorities made it difficult for miners to work as some of their facilities were closed thereby making hashing almost impossible thus, leading to a slide in the hashrate of the leading digital asset.

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