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What will Bitcoin's hash rate be in November 2019?
Bitcoin's network relies on the process of blockchain mining, which involves finding blocks on the network through performing computations that result in the addition of transaction records to Bitcoin's public ledger of past transactions. The network's hash rate is the total of the speed at which all mining machines operate.
The hash rate has been improving exponentially driven mostly by hardware improvements. According to blockchain.com, it has doubled at least twice this year. Currently, Bitcoin's network hash rate is at 48M tera hashes per second, slightly below it's peak in August at 60M tera hashes per second. In fact, since August, the rate of increase in hash rate has been slowing down considerably.
What will Bitcoin's network hash rate per second be (in Millions of tera hashes per second) as per the performance rates posted by blockchain.com on 17 November 2019?
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