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3232Bitcoin Hashrate Slides- Low BTC Prices, Sichuan Wet Season, Upcoming Difficulty Spike to Blame
https://www.digit.info/bitcoin-hashrate-slides-low-btc-prices-sichuan-wet-season-upcoming-difficulty-spike-to-blame/
Thu, 20 May 2021 19:00:12 +0000https://www.digit.info/2021/05/20/bitcoin-hashrate-slides-low-btc-prices-sichuan-wet-season-upcoming-difficulty-spike-to-blame/Read more]]>While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with power outages in Sichuan, China, and the upcoming difficulty change. Similar to the Price, Bitcoin Hashrate Sees […]
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with power outages in Sichuan, China, and the upcoming difficulty change. Similar to the Price, Bitcoin Hashrate Sees […]