Bitcoin Hashrate Down ~15% Since June 15, Steepest Drop in 3 Years
7 Articles
7 Articles
Bitcoin Hashrate Sees Fastest Drop in Years Despite Price Surge
The chart shows that while BTC price remains above $100,000, miner activity has started to decline significantly — a rare divergence between price and network security metrics. The sudden drop in hashrate follows years of near-constant increases and raises questions about the economic pressure on miners, especially post-halving. As block rewards decline and electricity costs stay elevated, smaller or less efficient operations may be shutting dow…
Texas Heatwave Triggers 15.8% Drop In Bitcoin Hashrate
The Bitcoin hashrate has recorded its steepest drop in nearly three years, tanking by nearly 16% in under ten days. While geopolitical tensions have contributed to the decline, a scorching summer heat is forcing Texas miners to shut down a part of their operations. Bitcoin Hashrate Falls By 15.5% – Here’s Why According to data The post Texas Heatwave Triggers 15.8% Drop In Bitcoin Hashrate appeared first on CoinGape.
Bitcoin Hashrate Posts Steepest Three-Year Drop Amid Global Pressures | The New York Ledger
Bitcoin’s hashrate saw its most significant fall of the last 3 years in between June 15 and Tuesday, according to Blockchain.com information. Bitcoin’s hashrate reduced from almost 943.6 billion terahashes per 2nd (TH/s) on June 15 to 799.9 TH/s on Tuesday, a decrease of more than 15%. The sharp drop has actually sustained speculation about possible geopolitical and ecological causes. While the factor behind the unexpected recession is not yet v…
Did the Unites States' Attack on Iran Affect Bitcoin Hashrate?
Marty's Bentvia mempool.spaceDid American bombs dropping in Iran cause bitcoin's hashrate to fall over the weekend? It's certainly not out of the realm of possibility, but I don't think that's what happened. At least, it's certainly not the main driver. The recent attacks on Iran may have had a marginal effect on hash rate. It is a very poorly kept secret that there is a material amount of hash rate operating within the borders of Iran, but my g…
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