Bitcoin computing power fell 14% in the past week, the largest weekly drop since July 2021
Glassnode data shows that the current hash rate of the Bitcoin network (7-day moving average) has dropped to a low point since the halving event, to 567 EH/s per second, significantly down from the peak of 655 EH/s. In the past week, Bitcoin's hash rate has dropped by 14%, marking the largest weekly decline since July 2021.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Spot Margin Announcement on Suspension of MAVIA/USDT, BADGER/USDT, BAN/USDT, PONKE/USDT, FLOCK/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
