Complexity of bitcoin mining has increased by almost 15%
The historical maximum reached 16.55 T on March 10. The subsequent market crash (March 12-13) led to a sharp drop in the hashrate, which caused a record 15.95% drop in complexity.
On the eve of the third halving, which took place on May 11, the figure resumed growth and reached 16.10 T. The decline in computing capacity that followed led to a 6% decrease in complexity and then a 9.29% decrease in complexity.
In May, the hashrate resumed the growth that industry representatives linked to the receipt of the flagship crypto mining rigs and the beginning of the rainy season in Sichuan Province, China.
At the time of writing the hashrate was 106, 48 EH/s (Bitinfocharts).