Crytocurrency

Big Oil may start to dominate the BTC mining industry thanks to record hash rates.

Rising Bitcoin (BTC) network hash rates are problematic for mining companies, but they may be a boon for large energy companies.

The amount of computer power contributed to the blockchain via mining, known as the hash rate, has surpassed another new high. According to Blockchain.com, the statistic increased by about 60% since the start of the year, reaching an all-time high of 267 exahashes per second (EH/s) on Nov. 1.

Related: Pakistani_ Dollar, Euro, and Pound Exchange Rates as of November 2, 2022

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button