Bitcoin Hashrate Rebounds After China’s Mining Operations Were Shut Down
Bitcoin’s hashrate is recovering from the Chinese government’s crackdown on mining operations, according to data from Blockchain.com, which put the hashrate at approximately 127.26 million terahashes per second (TH/s) as of August 23. China used to be responsible for most of the computational power devoted to Bitcoin. In July, the Cambridge Centre for Alternative Finance…
