News Snapshot:
June 17, 2021 8:38 am EDT Bitcoin Hashrate falls to six month Low after cryptocurrency mining crackdown in China Crackdown by the Chinese authorities on cryptocurrency mining blamed Bitcoin Hashrate falls from 180.6 million to 129.1 million exahashes per second China cites environmental concerns for enforcing the crackdown Crackdown causes migration of miners to other locations Bitcoin network Hashrate has plummeted after a crackdown on cryptocurrency mining in China. The Bitcoin hash rate, the network’s processing power per second used to secure transactions on the blockchain, has dropped to its lowest levels since November. Experts are blaming it on the...
