Data shows the Bitcoin mining hashrate has already plunged down since the new all-time high as the crypto’s price has continued to struggle.
Bitcoin Weekly Hashrate Sharply Trends Downward
The “mining hashrate” is an indicator that measures the total amount of computing power connected to the BTC network.
When the value of this metric rises, it means more mining rigs are coming online right now. Such a trend may suggest that miners are finding the network…
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