Bitcoin (BTC) posted another mining record, just days after breaking to an all-time high for hashing activity. Based on stats, BTC mining reached a peak above 68 EH/s on Saturday, breaking the previous record of 64 EH/s.
The increased mining activity follows the discovery that as much as 87% of all mining farms are in China. Currently, the rainy season provides extra electricity, and with the introduction of more efficient mining rigs, mining is lucrative again. Even with three significant spikes in difficulty in the past three months, miners are adding more power to the network. Ad...