Bitcoin’s hashrate experienced a 10% drop on Sunday due to approximately 400,000 mining rigs shutting down in China’s Xinjiang region, as stated by former Canaan co-chair Jianping Kong. This led to a loss of around 100 TH/s, highlighting vulnerabilities in global mining distribution. Hashrate Decline: Bitcoin’s network hashrate fell from 1,053 TH/s to 943 TH/s […]
Source: https://en.coinotag.com/bitcoin-hashrate-falls-10-amid-possible-xinjiang-mining-shutdowns-in-china