Bitcoin (BTC) Hash Rate Reaches Highest Level Since May 29

The network’s seven-day average hash rate reached 1,031.61 exahashes per second (EH/s) as of Oct. 17, while miners’ combined holdings rose by 379 BTC over the week to 1,192,622 BTC. The latest hash-rate reading was about 44.08 EH/s higher than a week earlier and marked the highest level since May 29. It follows a three-week low in the seven-day average recorded in late September . The Puell Multiple fell to 0.99, down 0.14 from a week earlier.

Source: TokenPost