Bitcoin (BTC) mining returned to its exponential growth, just a day after a sudden 30% drop. The lowered activity, however, proved temporary. Just a day later, the hashrate was already recovering and set on a new record.
The Bitcoin network made 101 quintillion hashing operations per second, for a rate of 101 EH/s, another absolute record in the series from the past six months. The growth in mining happens about 10 days before the next difficulty recalculation.
Dovey Wan, the co-founder of Primitive Crypto, had observations on the recent behavior of miners. Wan belie...