Bitcoin Mining Hashrate Drops to 1-Year Low; Difficulty Set for 25% Decrease
Concerns about the extent of the China crackdown have contributed to the past months' decline in bitcoin's price to about $34,200.
Hashrate es el poder computacional total combinado que se utiliza para minar y procesar transacciones en una blockchain con un sistema de prueba de trabajo.
Mining economics have improved significantly, according to one analyst.
Data for independent ASIC operators is still fairly splintered in terms of transparency. Compass and Navier are hoping to provide a fix.
Miners who remain operational are likely to become even more profitable over the coming weeks.
The majority of the reduction stemmed from China's move to shut down cryptocurrency mining operations in the country, with a little bit from Iran.