Bitcoin Mining Hit Hard: 10% Hashrate Loss Linked To China Shutdowns
According to a publish by former Canaan (a Chinese tech firm) government Jianping Kong, Bitcoin’s estimated hashrate fell roughly 10% in a single day, sliding from about 1,053 TH/s to simply beneath 943 TH/s. Kong stated the decline equated to roughly 100 TH/s to 110 TH/s misplaced since Sunday and blamed the change on mining…
