Which Mining Company Contributed Most to Bitcoin’s Hashrate Growth In 2022?
From Arcane Research, here’s how much each of the largest mining companies have been adding to Bitcoin’s hashrate growth in 2022
Which Mining Company Contributed Most To Bitcoin’s Hashrate Growth In 2022?
“As per the latest weekly report from Arcane Research, Riot seems to have added mining capacity the fastest in the year so far.
The ‘hashrate’ is a measure of the Bitcoin mining power of a rig. It tells us how many hashes per second can the machine handle.
The “total hashrate” on the BTC network tells us how much of this mining power is connected to the blockchain in all.
Throughout 2022 so far, this indicator has observed an increase, setting a new ATH just recently. This means that miners have been constantly upgrading their capacity during the period.”