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Bitcoin hashrate recovers from China shock

News Snapshot:

The bitcoin network’s hashrate has risen sharply since the slump caused by China’s crackdown on crypto mining earlier this year. The Bitcoin hashrate is now over 150 exahashes per second, according to data from the analysis website CryptoQuant. On August 24, the website reported a hashrate of 152 EH / s. This has tripled this value since its low of 52 EH / s on June 28th. The recovery of the BTC hashrate means that the network is now more secure and more difficult to attack. The average Bitcoin hashrate, i.e. the computing power in the network, reached an all-time…

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