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Independent Research, Bitcoin Analysis

Crypto

Try to envision all the machines that propelled Bitcoin’s hashrate recovery from its June lows of ~69 EH/s to its current level of 156 EH/s. Now take all of those machines (about 900,000 or so) and roughly double the number.That’s how much machinery the biggest farms in North America plan to have online before the end of next year—some 80 EH/s worth, or more than half of the network’s current total hashrate.

Try to envision all the machines that propelled Bitcoin’s hashrate recovery from its June lows of ~69 EH/s to its current level of 156 EH/s. Now take all of those machines (about 900,000 or so) and roughly double the number.That’s how much machinery the biggest farms in North America plan to have online before the end of next year—some 80 EH/s worth, or more than half of the network’s current total hashrate.

Public North American Miners Are Gunning to Grow Their Hashrate by 270% In 2022