Bitcoin Hash Ribbon signals miner capitulation as hashrate plunges 20%
Bitcoin Hash Ribbon signals miner capitulation as hashrate plunges 20% Bitcoin’s hashrate has fallen roughly 20% amid a U.S. storm that disrupted mining operations and squeezed profitability for crypto miners. The computational power securing the Bitcoin network has dropped from around 1.2 zettahash per second to approximately 950 exahashes per second. The decline has triggered…
