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Ethereum network's overall processing power plummets by 17%; Chinese government's anti-cryptocurrency measure likely to blame

Started by Redaktion, July 06, 2021, 19:35:24

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Redaktion

July 06, 2021, 19:35:24
The Ethereum network's overall hash rate dropped from 610,832 GH/s to 505,770 GH/s within a month. It tells us that miners are no longer willing or able to mine the cryptocurrency. This could likely be due to the Chinese government's crackdown on cryptocurrency mining operations within its borders.

https://www.notebookcheck.net/Ethereum-network-s-overall-processing-power-plummets-by-17-Chinese-government-s-anti-cryptocurrency-measure-likely-to-blame.549204.0.html
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