Bitcoin network hash rate rebounds as miner activity recovers

  • Bitcoin’s hash rate is rising again after ending a recent downtrend.
  • Cointelegraph cited CryptoQuant data in a September 21 report.
  • The rebound suggests mining companies are expanding Bitcoin mining activity.

Bitcoin’s network hash rate has ended a recent downtrend and is rising again, Cointelegraph reported on Sept. 21, citing CryptoQuant data. The rebound suggests mining companies are expanding activity, while hash rate measures the total computing power devoted to mining and securing the Bitcoin network.

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