All main cryptocurrency networks experience a stable increase of hash rates. It is likely the consequence of the migration of thousands of rigs from China to nations with less strict regulations of crypto mining. Currently, the level of hash rate for BTC is over 100H/s which is still less than the maximum (175H/s).
Note that the recent bans in China immediately crushed hash rates and slashed it by 55% while causing collapse on the market and triggering talks in the community that it will take too long to recover the computational power. At the same time, Ethereum suffered way less as Chinese bans caused only a 20% reduction of the ETH hash rate.
Right now, miners from China are looking for places to migrate to. Some of the most welcoming nations are Kazakhstan and USA but there are others who are also ready to invite miners. For example, Russian BitRiver recently announced a huge project for a data center with a combined power of 150MW,
On the other side of the globe, Paraguay is becoming an inviting destination for Chinese miners. 8 huge Chinese companies have already expressed their plans to move their machines to this South American country.