#Bitcoin hashrate has almost completely recovered, sitting only 4% below the ATH (7-day moving average basis).

Network hashrate fell by over 50% in May following China's ban on #Bitcoin mining

Hashrate has since climbed by 93% from the lows, hitting 172 Exahash/s today. pic.twitter.com/nGd2uDhutX

— glassnode (@glassnode) December 7, 2021