Bitcoin Hashrate’s January Dip As Miners’ Eyes Fix Coming Crisis

Bitcoin Hashrate's January Dip As Miners' Eyes Fix Coming Crisis



Bitcoin's total hashrate has seen significant changes starting in late December, with a significant drop in mid-January. This reduction was mainly due to the extreme cold in Texas, which caused many miners to temporarily stop work. In the year On January 21, 2024, the hashrate's seven-day simple moving average (SMA) dipped below 500 exhash per second (EH/s). […]

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