Bitcoin Hashrate Continues Sharp Plunge As Miners Give Up

Bitcoin Hashrate Continues Sharp Plunge As Miners Give Up


Bitcoinist
2022-12-01 00:00:18

Data shows the Bitcoin mining hashrate has continued its sharp plunge in the past week, as miners give up due to low revenues. Bitcoin 7-Day Average Mining Hashrate Has Rapidly Gone Down Recently According to the latest weekly report from Arcane Research, a miner capitulation might not have much impact on the price this time.