2020-5-31 15:45 |
The wet season in Sichuan normally leads to a spike in Bitcoin’s hash rate. Will the same happen this year?
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Just after regional authorities reportedly urged Bitcoin miners to reduce electricity consumption in Sichuan — a province that could account for up to 50 percent of global hash power — BTC’s hash rate rocketed to a new all-time high.
2020-1-3 11:27 | |
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The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
2019-4-23 19:35 | |
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Crypto mining activities have often been called out because of their effects on the environment. However, in recent times, the environment has hit back at crypto mining facilities. Recent floods in Sichuan in China and heat waves in some regions of Europe made the global hash rate drop briefly, reports Financial Times.
2018-7-10 16:34 | |
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Floods in China’s Sichuan province have caused the overall hash rate of the Bitcoin [BTC] to decline. The Sichuan province is known for being on the premier area for mining in China, accounting for over 70% of China’s mining output.
2018-7-3 17:19 | |
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Bitcoin miners are starting to show the strain that often appears near a market washout, but one key part of the usual reset is still missing. The biggest operators are still selling enough BTC to keep a fresh supply flowing into the market.
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