News Snapshot:
1 minute read Image: Envato Elements The Bitcoin hashrate plunged over the weekend following a clampdown on cryptocurrency mining by the southwestern Chinese province of Sichuan. An order issued on Friday is the latest move by Chinese authorities against the countryâs beleaguered crypto mining sector, which has been the target of regulatory action for several months . Fast facts: According to bitinfocharts.com , the Bitcoin hashrate plunged to 91.2189 exa hashes per second on Sunday from 112.625 EH/s last Friday. BTC.com data showed that some major China-based mining pools were experiencing hashrate drops. Poolin, for instance, saw a 13.75% decline...
