May 7, 2025

Bitcoin’s hashrate plunge mirrors 2021 China ban, Hashrate Index says

1 min read

Bitcoin’s price drop last week, exacerbated by German government transfers, pushed hashprice to an all-time low of $44.31/PH/day, despite a 5% downward difficulty adjustment. Last week’s Bitcoin (BTC) price drop, worsened by German government liquidations, had pushed hashprice, a metric…

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