Bitcoin hashrate rises again after Chinese miners return

Bitcoin hashrate grew by 30%, So, How Chinese companies again connected asic major, transported from the province of Sichuan, where the rainy season ended.

At the end of October and at the beginning of November, the Bitcoin hashrate significantly decreased. This is due to that, What is in the Chinese Provinces Sichuan, one of the world's largest centers for bitcoin mining, The rainy season ended and with it - cheap electricity for miners. Mining companies began to turn off part of the equipment or transport it to other regions.

but 11 On November, the growth of the hashReit was recorded more, than on 30% From the recent quarterly minimum, achieved 2 November. By
BTC.com data is now the Bitcoin hashrate is 126.73 Eh / s. According to Vice President Poolin Alejandro de la Torre (Alejandro de la Torre), "Large percent" of all devices, disconnected until the end of October, On the network again.

"Of course, There are miners, which takes more time to re -deploy operations ", – He added. “However, the majority cope with the“ move ”within two weeks”.

For most miners, the migration process is not very complicated, Said the co -founder of the Luxor Technology mining company Ethan Vera (Ethan Vera). Many Sichuan miners transport their devices to inner Mongolia, Xinjiang and other regions.

“Most miners can really transport and again connect their ASIC less, than in two weeks ", – He said.

In the word De La Torre, Miners return to inner Mongolia, Xinjiang, Tibet and other regions, to use energy sources on fossil fuel or geothermal energy. But the migration of miners this year differs from previous years. As Vera noted, "Some Chinese miners decided to leave China at all". He called Iran, Kazakhstan and Venezuela popular jurisdictions with cheap electricity.

"The Chinese are very pleased with the placement of their miners in Iran and Kazakhstan in cooperation with local partners", – Vera said.

According to the marketing director F2Pool Tsinfay Lei (Qingfei Lei), The rapid increase in the hashrate should continue over the next few weeks. “Most ASIC Mainers are on the network again, But not all ", – Says Lei.

Recall, what 3 November as a result of the next recount of the complexity of Bitcoin mining, She decreased
on 16.05% - To 16.78 TRLN units. This was the largest fall in complexity with 2011 of the year. Now a positive adjustment of complexity is expected 16 November, since the network will respond to the growth of the hashrate. At the current pace of creating blocks, the addiction adding of complexity will be about 6%, But growth can exceed and 8%.