Bitcoin Hashrate Falls Down As Miner Revenues Stay Low
Submitted by Anonymous (not verified) on Wed, 06/01/2022 - 22:20Data shows the Bitcoin mining hashrate has observed a fall during the month of May as miner revenues continue to stay low.
Data shows the Bitcoin mining hashrate has observed a fall during the month of May as miner revenues continue to stay low.
The China ban on Bitcoin mining back in 2021 had one of the greatest impacts on the space.
The Bitcoin hash rate has come a long way from the China crackdown that saw it fall by 50% in a matter of weeks.
Data shows the share of the bitcoin hashrate in control of publicly-listed mining companies has shot up to 19% recently.
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