Bitcoin Hash Rate Climbs to Three-Month High: Will Price Follow?10

The Bitcoin Network hash rate is now at its highest level since the start of the year amidst growing optimism about the fate of the broader cryptocurrency market in 2019. While the hash rate continues to rise, mining difficulty remains fairly stable but with a slight uptick in revenue for miners. Meanwhile, Nvidia says it is anticipating the return of massive demand for cryptocurrency mining chips and is confident of reaching its revenue goals for the year.

Data from shows that the Bitcoin network hash rate has climbed to a new three-month high. Currently, the number of tera hashes per second (TH/s) being performed on the network stands at 45.5 million TH/s.

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