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BitcoinSistemi

Chinese pressure on Bitcoin continues! A sudden and massive drop in hash rate! What's the reason?

Bitcoin (BTC) started the new week below $90,000 on expectations of a Bank of Japan interest rate hike. However, Bitcoin didn't just experience a price drop. This week, the Bitcoin network suffered another sudden shock, with the total network hash rate decreasing by approximately 100 EH/s. Kong Jianping, former co-chair of mining giant Canaan and [...] Continue Reading: Chinese pressure on Bitcoin continues! A sudden and massive drop in hash rate! What's the reason?

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