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Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block’s mining system By Cointelegraph

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© Reuters.

Bitcoin’s hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation of an open mining system.

The BTC space continues to surprise and bewilder critics and fanatics alike. Kazakhstan, the network’s second-most important BTC mining country, experienced an internet blackout last week due to civil unrest. However, the hash rate faltered no more than 13.4% before regathering to reach all-time highs.