Bitcoin Hashrate Bounces Back

Bitcoin hash rate bounces back. Bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. On May 22, there were 17 mining pools hashing away at the Bitcoin network and now there are 32 pools.

Today there are 32 BTC mining pools and F2pool is still the most dominant mining operation. A number of smaller farms and pools seemed to have joined the fray during the last seven days.

Reports also noted last week that officials from Sichuan China were allegedly giving mining operations in the region a hard time. Allegedly, mining operations had been dealing with electrical shortages, and some operations were allegedly forced to shut down machines. However, Bitcoin miners expect the BTC hashrate to rise.

[image: Pixabay]

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