Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies.
Between 600,000 and 800,000 bitcoin miners have shut down since mid-November amid declines in price and hashrate across the network, F2pool's founder estimates.
The recent upward trend began in September 2019.
Controversial scaling proposal, Segwit2x has lost Chinese mining pool, F2Pool's support over its timeline for a 2MB hard fork.
A controversial bitcoin scaling solution is seeing increased interest on another alternative blockchain network.