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Bitcoin Hashrate Drops to Six Month Low as China Unplugs Mining Rigs 7 mins ago by Bhushan Akolkar · 3 min read Photo: Depositphotos Thank you! You have successfully joined our subscriber list. Amid strong regulatory action and the recent rout of Chinese miners, several mining rigs have gone offline thereby pushing the Bitcoin hashrate downwards. Analysts hope that the Bitcoin hashrate will recover once Chinese miners recover operations. China’s heavy crackdown on local crypto mining operations caused several miners to unplug their rigs and withdraw operations. Some of the miners are also considering moving to overseas locations like North...
