Bitcoin's Hashrate Comes Close to Recording New All-Time High Despite China's Ban

Bitcoin's Hashrate Comes Close to Recording New All-Time High Despite China's Ban

Bitcoin’s hashrate, which shows the combined computational power of the network, spiked to 177.5 EH/s on Oct. 2, according to data provided by Blockchain.com.

The closely-watched metric has managed to stage a stunning recovery after plunging in late June due to a slew of Chinese provinces moved to ban Bitcoin mining.

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