2024-6-23 00:51 |
Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers.
origin »
|
Bitcoin’s hash rate has continued its recent climb, riding the waves to new highs. The digital asset that has been suffering following the market crash seems to only be suffering in price as it has kept up the pace in other avenues.
2022-2-15 02:00 | |
|
|
At the peak of China’s crackdown on Bitcoin miners and trading activities within its jurisdiction last year, the Bitcoin mining hashrate declined to an all-time low of 58. 4 million terahashes per second as many miners were taken out of business due to the strict anti-crypto policy.
2022-1-3 03:59 | |
|
|
China announced a ban on cryptocurrencies earlier this year, which caused a major disruption to Bitcoin mining activities. Mining firms in China were forced to shut down, which prompted them to seek overseas locations to establish new mining facilities.
2021-12-12 18:47 | |
|
|
Earlier in the year when China renewed its hostilities towards the crypto industry, one metric that saw a negative effect of the crackdown was the Bitcoin mining hashrate that plummeted by more than 50% during this period largely because crypto miners were being pushed out of the Asian country.
2021-12-2 08:00 | |
|
|
Bitcoin's hashrate and supply holdings increase while cryptocurrency drops by almost four percent
2021-8-25 11:17 | |
|
|