The computing power of the entire Bitcoin network has slipped from its historical high on June 8 to below the current 200 EH/s, and hit a low of 178.44 EH/s today, a drop of 26.56%.
Although the Bitcoin price rebounded to the $22,000 range, there has been no sign of recovery in the network difficulty recently. Since March 3, 2022, the Bitcoin network difficulty has risen 4 times, but it has been lowered 6 times. There are about 11 days left for the adjustment, which is expected to drop by another 0.13%.
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