Bitcoin’s Hash Rate Posts 6-Month High of 58 Million Tera Hashes (TH/s), Best Since October 2018

Bitcoin's hash rate continues to grow after the digital currency experienced a price increase since the beginning of the current year. In the last days, the hash rate for the Bitcoin network reached the largest point since the end of October 2018. How long can it keep growing? Bitcoin's Hash Rate Continues its Growth Path In the last 24 hours, Bitcoin's hash rate reached 58 million TH/s, the best performance since October 2018. Back in November, the hash rate dropped down to 31 million TH/s due to Bitcoin's price drop from $6,000 to $3,150 a few weeks later in December. Since that time, the has rate has been steadily growing month after month and it finally reached 58 million TH/s on May 2, 2018, according to Blockchain.com. Bitcoin has also registered a price increase during the same period of time. Bitcoin expanded more than 40% since December 2018. The hash rate has already expanded by more than 87%. This shows that there is a growing interest in mining activities after a year in