RATE Group | High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate
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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

21 Aug High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

Posted at 01:41h in Bitcoin News by

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On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt Whatsminer M20S, generating a whopping 68-70 terahash per second (TH/s).

Also read: Another Self-Proclaimed Satoshi Fails to Sway Crypto Community

Bitcoin’s Hashrate Keeps on Climbing

After the birth of application-specific integrated circuits (ASICs) built for the SHA-256 consensus algorithm (BTC, BCH), the landscape of manufacturers has looked very different. Even over the course of the last two years, mining producers have changed substantially except for Bitmain, which has managed to survive through every stage. The top mining rig creators in 2019 include companies like Bitmain, Pangolin,…

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