News Snapshot:
Bitcoin Hashrate Takes Temporary Dip as Chinese Miners Migrate from Hydro Power to Fossil Fuel Power Plants Bitcoin Hashrate Takes Temporary Dip as Chinese Miners Migrate from Hydro Power to Fossil Fuel Power Plants 2 hours ago Key highlights: The Bitcoin hashrate has dropped by about 10% since October 18 The drop is likely connected to the Chinese Bitcoin mining industry, which is transitioning away from hydro power as China's rainy summer season ends The Bitcoin hash rate is up almost 50% from the local lows following the 2020 Bitcoin halving As China's rainy summer season ends, miners migrate away...
