Record hash rates may see Big Oil become a major BTC mining player By Cointelegraph
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Record hash rates may see Big Oil become a major BTC mining player Surging (BTC) network hash rates are causing problems for mining companies but might be rolling out the red carpet for energy giants.
The Bitcoin hash rate, the amount of computing power given to the blockchain through mining, has reached another record peak. According to Blockchain.com, the metric hit an all-time high of 267 exahashes per second (EH/s) on Nov. 1 after increasing almost 60% since the beginning of the year.
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Record hash rates may see Big Oil become a major BTC mining player Surging (BTC) network hash rates are causing problems for mining companies but might be rolling out the red carpet for energy giants.
The Bitcoin hash rate, the amount of computing power given to the blockchain through mining, has reached another record peak. According to Blockchain.com, the metric hit an all-time high of 267 exahashes per second (EH/s) on Nov. 1 after increasing almost 60% since the beginning of the year.
Continue Reading on Coin Telegraph
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