Ah, the cryptocurrency world, where even the most robust networks can crumble under the weight of a single region’s… well, let’s call it a “strategic reorganization.” 🚨 The Bitcoin network’s total hashrate dropped by about 100 EH/s yesterday, an 8% decline, as roughly 400,000 mining rigs went offline following the closure of mining farms in Xinjiang, China. This sudden reduction shows how regional mining power shifts can quickly affect the global network’s computing strength-like a toddler’s attention span, but with more math. While China has been quietly regaining mining share despite past bans, the exact reasons for this latest shutdown aren’t yet clear. Analysts say such events can impact mining difficulty and block speeds. 🤔 (Spoiler: They’re probably just tired of being the world’s crypto janitor.)
Read More
- Silver Rate Forecast
- Красный Октябрь акции прогноз. Цена KROT
- Gold Rate Forecast
- MSCI’s Digital Asset Dilemma: A Tech Wrench in the Works!
- Bitcoin’s Ballet: Will the Bull Pirouette or Stumble? 💃🐂
- Twenty One Capital’s NYSE debut sees 20% fall – What scared investors?
- LINK’s Tumble: A Tale of Woe, Wraiths, and Wrapped Assets 🌉💸
- Can the Stock Market Defy Logic and Achieve a Third Consecutive 20% Gain?
- How Bitcoin Miners Might Just Save the Day in Crypto Adoption – With a Little Help from Their Friends
- XRP’s Wrapped Adventure: Solana, Ethereum, and a Dash of Drama!
2025-12-15 11:21