The company aims to take advantage of Hong Kong's renewed status as a promising crypto hub, considering the city's efforts to establish a well-defined regulatory framework for digital assets.
Bitcoin's price has dropped more than 22% against the US dollar in the previous 30 days, yet its hashrate has maintained above 200 exahash per second (EH/s) during that time. During the last month, 16 known mining pools mined the leading crypto asset, but the top five mining pools had 71.4 percent of the worldwide hashrate.
Bitcoin's hashrate hit a new peak this weekend, achieving 271.19 exahash per second (EH/s) at block height 733,197 on Saturday, April 23. The computing power is now cruising along at 233.81 EH/s, with a network difficulty modification scheduled for April 27.
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