Bitcoin Mining Pool Hashrates Plummet Following North-West China Blackouts


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The hashrate of Bitcoin (BTC) mining pools has plummeted over the last 24 hours. In a tweet earlier today, a Chinese journalist who goes by the handle @WuBlockchain attributed the Bitcoin hashrate declines to a blackout in Northwest China. The blackout was reportedly put in place for safety inspections. Wu Blockchain, who reports exclusive crypto news on their website China Crypto News , revealed drops in the multiple pools. Antpools fell by 24.5% in the last 24 hours, by just under 19%, Binance by 20%, and Poolin by a considerable 30%. The Chinese media outlet Wu Talk offered further...