Simultaneously, in the last month new technology has been deployed across facilities. “A lot of machines have come online in the last month, increasing bitcoin’s seven-day average hashrate from 210 EH/s to 226 EH/s (a 7.6% increase). This increase comes from miners plugging in new models, like the Antminer S19 XP, which miners began receiving in batches starting in July,” said Colin Harper, head of research and content at Luxor Technologies.
