Bitcoin’s hash rate dropped by 44% from all-time high

Bitcoin’s hash rate has experienced the steepest decline in its history. From its all-time high on August 27th, the hash rate has dropped by nearly 44%. The sharp decrease was not unexpected as mining profits got squeezed with more competition and falling prices. In the grand scheme of things, however, the drop is fairly insignificant. Just in the last year, the hash rate grew by more than four times.

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Bitcoin’s hash rate dropped by 44% from all-time high written by Larry Cermak @ https://www.theblockcrypto.com/tiny/bitcoins-hash-rate-dropped-by-44-from-its-all-time-high/ November 22, 2018 Larry Cermak

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