The bitcoin mining difficulty had dropped over the month of September, which led to a large increase in the bitcoin hashrate.

Bitcoin lost almost 71% of its all-time high price of $69,044 hit in November last year, and trading at $20,100 as of this writing, according to da

Bitcoin on-chain activity has been swinging between green and red for a while.

Data shows the Bitcoin mining hashrate has been moving sideways since five months now as the miners’ revenues remain low.

Data shows the growth in the Bitcoin miner revenues has slowed down during the past week as the price of the crypto has been moving sideways.

Data shows the recent Bitcoin hashrate downtrend has lead to the largest negative adjustment in the mining difficulty during the past year.

Data shows the Bitcoin mining hashrate has already plunged down since the new all-time high as the crypto’s price has continued to struggle.

Data shows amid the panic of the crypto crash, the Bitcoin mining hashrate has gone flying to a new all-time high.