Bitcoin Mining Hit Hard: 10% Hashrate Loss Linked To China Shutdowns
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a post by former Canaan (a Chinese tech company) executive Jianping Kong, Bitcoin’s estimated hashrate fell roughly 10% in a single day, sliding from about 1,053 TH/s to just under 943 TH/s. Kong said the decline equated to roughly 100...
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