Bitmain Disclose Increase in Hash Rate Deployed on Bitcoin Networks

Many were surprised in May when Bitmain reported an 88% month-on-month decrease in the amount of hash rate deployed on the Bitcoin and Bitcoin Cash networks. In their latest hash rate disclosure published on 12th of June, a 78% increase has been reported. The hash rate deployed jointly on the Bitcoin and Bitcoin Cash networks on the 7th of May was 237.29 PH/s. This has increased to 422 PH/s on the 12th of June.

Source: Bitmain