Altcoins Talks - Cryptocurrency Forum
Further Discussions => Blockchain Technology => Topic started by: rasangaya on May 28, 2020, 12:36:42 PM
-
Bitcoin Hashrate Sinks Deeper Than During March Crash – Will BTC Price Follow?
(https://i.imgur.com/JdG9Z8z.jpg)
Bitcoin’s hashrate has been on a steady decline ever since the halving a couple of weeks ago. The network’s computing power has now nosedived further below 100TH/s. The fall is even more astounding given that the hashrate is now at a level lower than the one witnessed following the mid-March crypto market fiasco. Data from Blockchain.com shows that bitcoin’s hashrate now stands at a relatively lackluster 91TH/s.
Does this significant drop in the hashing power suggest that BTC price could see a deeper correction in the near-term?
Check here: Visit (http://)