Connect with us

Crypto Mining

Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China

Published

on

It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that bitcoin mining operations have been dealing with electrical shortages, and some operations have been forced to shut down machines.

Bitcoin Hashrate Lost 47 Exahash of Hashrate Since the ATH, Difficulty Sees a 6% Downward Adjustment

Just before the third bitcoin halving, which cut miner revenue by 50%, the overall ...

Read More

Continue Reading

Latest

Companies