Unconfirmed Bitcoin Transactions Cleared After Cryptocurrency’s Hashrate Jumps

[Jentot]

Unconfirmed Bitcoin Transactions Cleared After Cryptocurrency’s Hashrate Jumps

The number of unconfirmed transactions on the Bitcoin blockchain has essentially been cleared to little over 1,000 transactions this week, after the hashrate on the flagship cryptocurrency’s network jumped by 19.6%.

CryptoCompare data shows that the hashrate on the Bitcoin network – the computing power used to secure it – hit an all-time high of 144 million TH/s before plunging to 106 million TH/s earlier this month. Over the last few days, the hashrate has been surging, however, to over 1280 million TH/s.

See more for yourself here.